11. SUBJECT: REAL ESTATE APPRAISAL SERVICES BENCH CONSIDER authorizing the Chief Executive Officer to: A. APPROVE the establishment of 19 contract agreements for professional services under the Real Estate Appraisal Services Bench, with the contractors recommended in Attachment A-1 for a five-year base period in the amount of $34,500,000, with two, one-year options, for $3,500,000 and $2,064,500, respectively, with a funding amount not to exceed cumulative total of $40,064,500, subject to resolution of protest(s) if any. B. AWARD Task Orders within the approved not-to-exceed cumulative total value of $34,500,000. - Metro Los Angeles

Meeting: Finance, Budget and Audit Committee on 2020-08-19 1:30 PM

Meeting Time: August 19, 2020 at 1:30pm PDT

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Agenda Item

11. SUBJECT: REAL ESTATE APPRAISAL SERVICES BENCH CONSIDER authorizing the Chief Executive Officer to: A. APPROVE the establishment of 19 contract agreements for professional services under the Real Estate Appraisal Services Bench, with the contractors recommended in Attachment A-1 for a five-year base period in the amount of $34,500,000, with two, one-year options, for $3,500,000 and $2,064,500, respectively, with a funding amount not to exceed cumulative total of $40,064,500, subject to resolution of protest(s) if any. B. AWARD Task Orders within the approved not-to-exceed cumulative total value of $34,500,000.