Town of Farragut Virtue Rd. Right of Way Appraisal Reviewer Services

Agency:	Town of Farragut
State:	Tennessee
Type of Government:	State & Local
NAICS Category:	531320 - Offices of Real Estate Appraisers
Posted Date:	Feb 19, 2026
Due Date:	Mar 10, 2026
Solicitation No:	2026-21
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Contact information:	Please Login to View Page
Bid Documents:	Please Login to View Page

Bid Number:	2026-21
Bid Title:	2026-21 Town of Farragut Virtue Rd. Right of Way Appraisal Reviewer Services
Category:	Requests for Bids / Proposals / Qualifications
Status:	Open

Description:

Right of Way Appraisal Reviewer

Grant: PIN 132927.00, Federal Project STP-M-9109(195), S.P. 47LPLM-F2-216

Virtue Road/Boyd Station Road, from South of Needlegrass Lane to Willow Cove Way

Farragut, Knox County

The Town of Farragut seeks professional services from qualified appraisal firms to review appraisals connected with the project at Virtue Road and Boyd Station Road. The project encompasses grading, paving, signage, and intersection enhancements, requiring the acquisition of Right of Way, permanent drainage easements, slope easements, and construction easements across approximately 23 tracts.

To accomplish these tasks, the Town will select one firm to be responsible for appraisal reviews. These functions will include:

The reviewer will review each appraisal for compliance with TDOT Appraisal Guidelines, and the Uniform Act and USPAP.
Review each appraisal for accuracy and completeness in all relevant approaches to value.
Confirmation of data or information, used in the appraisal, makes a determination as to whether the market data are capable of addressing the value characteristics of each parcel.
Explains fully in writing, any changes, revision, or corrections made to the appraisal being reviewed.
Signs Certificate of Review
Signs Just Compensation Document (Must also be signed by the Town of Farragut)
Shall be licensed and/or certified to conduct real estate appraisals in Tennessee.
Shall NOT be the Appraiser, Negotiator (Buyer) or Closing Agent
Must be on the TDOT’s approved list of appraisers
Shall not have any interest, direct or indirect, in the lands being appraised
Establishes just compensation by approval of appraisal or by use of revised or additional data along with justification of its use

All consultants must coordinate property acquisition activities with the TDOT Right of Way offices and ensure full compliance with the most recent editions of the TDOT Right of Way Manual and the TDOT Local Government Guidelines for the Management of Federal and State Funded Transportation Projects. Invoicing and payment for consulting services will be managed by the Town of Farragut, following TDOT’s established guidelines.

Interested firms should submit a qualifications-based proposal to The Town of Farragut, Procurement Division, Anissa Pratte, 11408 Municipal Center Dr., Farragut, TN 37934, but the due date found on page 1 of this RFQ.

Publication Date/Time:

2/17/2026 8:00 PM

Closing Date/Time:

Open Until Contracted

Bid Opening Information:

03/10/2026 @2:00PM

Contact Person:

All communication regarding this RFQ must be submitted via email to the Finance Department representative identified below:

Anissa Pratte, Staff Accountant
apratte@townoffarragut.org

The Staff Accountant will be the sole point of contact for this RFQ.

Vendors’ contact with anyone else in the Town is forbidden and may result in disqualification of the Vendor’s proposal. Further, any oral communication will be considered unofficial and non-binding on the Town. Responders should rely only on written statements issued by the Finance Department representative.

Qualifications:

Proposer must be on the TDOT’s approved list of appraisers

Special Requirements:

Proposer must be on the TDOT’s approved list of appraisers

Town of Farragut Virtue Rd. Right of Way Appraisal Reviewer Services

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