PSC R411 - SUPPORT- PROFESSIONAL: REAL PROPERTY APPRAISALS
This page includes content generated by AI. It is intended for general guidance only and should be verified for your specific situation.
Classification & Hierarchy for PSC R411
The classification hierarchy shows how this PSC code fits within the broader federal procurement structure.
- Level 1 Spend Category:
- 2 Professional Services
- Level 2 Spend Category:
- 2.6 Real Estate Services
- Parent PSC Code:
- R4 PROFESSIONAL SERVICES
- Active Since:
- October 1, 2011
- Last Updated:
- April 30, 2024
Overview for PSC R411
The PSC code R411 covers professional support services related to real property appraisals. This includes the comprehensive evaluation and appraisal of government-owned real estate assets to determine market value for acquisition, disposal, leasing, or financial reporting purposes. Services under this PSC typically involve detailed site inspections, market analysis, and preparation of appraisal reports compliant with federal standards and regulations. Government agencies utilize these appraisal services to ensure accurate valuation of real property, facilitating informed decision-making in asset management, procurement, and budget planning. Contractors providing services under R411 must demonstrate expertise in real estate valuation methodologies and applicable appraisal standards.
Typical Buyers & Agencies for PSC R411
Federal agencies with significant real estate portfolios, such as the General Services Administration (GSA), Department of Defense (DoD), Department of Veterans Affairs (VA), and the Department of Homeland Security (DHS), commonly procure services under PSC R411. These buyers require professional appraisal services to accurately assess property values for acquisition, disposition, leasing, and financial reporting. The services support agencies in meeting regulatory compliance, optimizing asset utilization, and managing public resources effectively. Additionally, agencies involved in land management, environmental compliance, and infrastructure development also leverage these appraisal services.
Common Contract Types for PSC R411
Contracts awarded under PSC R411 typically include firm-fixed-price and cost-reimbursement types, depending on project complexity and risk allocation. Procurement methods often involve competitive bidding, including Requests for Proposals (RFPs) and Invitations for Bid (IFBs). Blanket Purchase Agreements (BPAs) and Indefinite Delivery Indefinite Quantity (IDIQ) contracts are common for recurring appraisal needs. These contract vehicles allow agencies to secure appraisal services efficiently for various real property transactions, from single-property appraisals to portfolio-wide valuation efforts. Contractors are expected to comply with the Uniform Standards of Professional Appraisal Practice (USPAP) and other federal guidelines.
Plain-Language Breakdown for PSC R411
- Covers professional real estate appraisal and valuation services for federal properties.
- Frequently used by agencies managing extensive real estate assets like GSA and DoD.
- Supports acquisition, disposal, leasing, and financial reporting of government real property.
- Common contract vehicles include firm-fixed-price, IDIQ, and BPAs for flexibility.
- Contractors must adhere to USPAP and federal appraisal standards.
- Closely linked to NAICS 531390 and related real estate consulting industries.
Related Categories for PSC R411
Other categories at the same level as R411
Federal Contracting Intelligence
Find SUPPORT- PROFESSIONAL: REAL PROPERTY APPRAISALS Contract Opportunities
Access federal solicitations, track award history, and monitor agency spend in this category in one place. Designed to support small businesses pursuing federal revenue.
- Opportunities updated regularly from SAM.gov
- Filter by set-aside, agency, NAICS, and PSC
- Get notified when matching opportunities are posted
Schedule a Call
30 minutes • Discuss your goals with our team
Guidance
Leverage Your Certifications for a Competitive Edge
Our federal contracting specialists can help businesses build certifications and capability statements to pursue opportunities in categories like SUPPORT- PROFESSIONAL: REAL PROPERTY APPRAISALS.
- WOSB, VOSB & 8(a) certification support
- Capability statement writing & review
- SAM.gov registration & compliance guidance
Medical
IT & Tech
Logistics
Maintenance
+ Many More Categories
Discover Your Next Product or Service Opportunity
Browse thousands of PSC codes across every federal procurement category. Find product and service codes aligned with your capabilities and see where government spending is concentrated.
Search the PSC Directory
10,000+ product and service codes • Free to browse