Real Estate Appraisals and Equipment Appraisals for Lending Division

Request for Qualifications

MassDevelopment is seeking to identify firms meeting its selection criteria and capable of providing real estate and/or equipment appraisals on an as needed basis under a “house doctor” type of contract. The services shall be billed at the actual hourly rate staff effort in accordance with an approved hourly rate schedule and up to an approved maximum. Selected firms will be required to execute a MassDevelopment Agreement for Services substantially in the form attached as Attachment 2.

MassDevelopment will enter into contracts with responsive, responsible respondents based on qualifications, professional capability, and best value. The contracts will have a base term of three years with the option to extend for two additional one year terms with the agreement of both parties.