ID 721420

Archived

Appraisal Services Regarding Airport Facilities and Associated Airport Owned Properties at the Kerrville County Airport, Kerrville, TX

Kerr County

Owner Reference: 2024-08-21

Bid Date: 09/20/2024 at 11:00am

Trades: *General Engineering Contractor GEC; Subcontractor Opportunities

On an individual project or on call Agreement basis, services will include but are not limited to the following: The Kerrville-Kerr County Airport (Airport) currently owns undeveloped land at the Kerrville-Kerr County Airport (ERV). According to the requirements of the FAA, in order to determine fair market rental value (FMRV) for these improvements, both entities are required to engage an MAI appraiser, develop a proposed FRMV for each parcel that is available for development. Once selected, the appraiser may be asked to perform the following services. Additionally, an analysis and an appraisal report for each facility considering one or more of the following factors: 1) A fair market rental value of improvements, based on comparable facilities showing a separate value for the land in use. 2) That the value of the property in use is for a tenant-conducted aeronautical business, requiring access to the airfield, additional airport owned property, and is leased on a triple net basis. 3) Any other pre-approved factors for establishing an appraisal report. Bonds required. Prevailing wages.

City of Kerrville TX
 Andrew Munoz
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Published 09/10/2024 on Construction Bid Source

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