RFQ - LCRA Real Estate Appraisal Services

Sponsor: Land Clearance for Redevelopment Authority
Procurement Type: Request for Proposals  and or Qualifications

Pre-Bidding:
N/A
Pre-Bidding Location:
N/A

Starting Date: 09-14-2023
Closing Date: 10-06-2023
Closing Time: 05:00 PM

Summary
The Land Clearance for Redevelopment Authority of the City of St. Louis (LCRA) is seeking Statements of Qualifications from licensed real estate appraisal firms to include on a Prequalified List of approved consultants.  The Prequalified List is expected to be adopted and utilized by other St. Louis Development Corporation (SLDC) agencies including the Land Reutilization Authority of the City of St. Louis, Missouri (LRA), Planned Industrial Expansion Authority of the City of St. Louis (PIEA), and the City of St. Louis Port Authority (Port), and their affiliates.

From time to time, these agencies require written valuations provided by a licensed professional commercial or residential appraiser to assist with acquiring and/or disposing of property.  In some instances, the appraiser may be required to testify in legal proceedings, potentially including eminent domain proceedings, in support of their professional opinions relating to real estate values.

Any or all appraisals for the acquisition of real property for projects that are federal or federally assisted must meet the minimum requirements of the Uniform Relocation Assistance and Real Property Acquisition Policies Act or other federal requirements associated with sources of funding.

The Coronavirus State and Local Fiscal Recovery Funds (SLFRF) allocated to SLDC, passed through the St. Louis City Community Development Administration, may provide funding for certain projects.  Projects funded in whole or in part with SLFRF funds will require a specified bid for services from respondents placed on the shortlist.

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