Supporting federal real estate acquisitions, civil works land management, and military installation planning, JLL Valuation & Advisory Services LLC(opens in new tab) has been awarded a $25,000,000 firm-fixed-price, indefinite-delivery/indefinite-quantity (IDIQ) contract. The multi-year award finances professional real estate appraisal and valuation services across projects managed by the U.S. Army Corps of Engineers Fort Worth District.
Contract Details: At A Glance
| Contractor: | JLL Valuation & Advisory Services LLC(opens in new tab) |
| Award Date: | August 12, 2026 |
| Contract Value: | $25,000,000 (Maximum Shared Capacity) |
| Project: | Professional Real Estate Appraisal Services IDIQ |
| Location: | Various locations (determined with each order) |
| Contract Number: | W9126G-26-D-A054 |
| Awarding District: | U.S. Army Corps of Engineers, Fort Worth District |
District Context & Mission Impact
This major real estate professional services contract is administered by the U.S. Army Corps of Engineers Fort Worth District. The Fort Worth District executes vast military construction, civil works, border infrastructure, and environmental missions across Texas and neighboring regions. Accurate valuation of real property is fundamental to federal land acquisition, flowage easements for flood risk management reservoirs, military base expansions, and commercial leasing operations. Procuring certified real estate appraisal expertise ensures USACE Real Estate Division teams comply with Uniform Appraisal Standards for Federal Land Acquisitions (Yellow Book), federal acquisition regulations, and statutory fair market value requirements, safeguarding public funds during real property transactions through 2031.
Contractor Spotlight & Industry Context
Headquartered in Chicago, Illinois, JLL Valuation & Advisory Services LLC (a subsidiary of global real estate leader Jones Lang LaSalle) provides comprehensive commercial valuation, market analysis, and advisory services across all asset classes nationwide. One bid was solicited with one proposal received. Federal real estate appraisal assignments require specialized knowledge of federal eminent domain valuation principles, complex agricultural/commercial land rights, encumbrance assessments, and defense facility usage. Long-term IDIQ capacity allows USACE contracting officers to rapidly issue task orders for independent real estate valuations, supporting civil works land acquisition and defense readiness initiatives on schedule.
