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HJELMSTROM & ASSOCIATES-2015
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HJELMSTROM & ASSOCIATES-2015
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Last modified
7/6/2016 5:24:24 PM
Creation date
10/21/2015 11:18:43 AM
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Contracts
Company Name
HJELMSTROM & ASSOCIATES
Contract #
A-2015-158
Agency
PUBLIC WORKS
Council Approval Date
8/4/2015
Expiration Date
8/4/2020
Insurance Exp Date
9/30/2016
Destruction Year
2025
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City of Santa Ana RFP No. 15 -044 Submitted: June 5, 2015 <br />• San Diego Regional Airport Authority, 2014. Contact: Luke Hemmingson - 619.400.2851 <br />Completed FFE appraisals for HVAC equipment owned by a commercial airline that was to <br />be sold to the SDRAA. The HVAC equipment was located on several jetways at the San <br />Diego Airport. Appraised a salt mining company located on the San Diego harbor that was <br />to be sold by the SDRAA to the County of San Diego. <br />• Our company has provided many small FFE projects for other agencies and cities such as <br />the City of Garden Grove, Los Angeles Tax assessor's office for Ad Valorem assessment of <br />a large spa manufacturing company, Long Beach Port Authority for the Vincent Thomas <br />bridge retrofit, and the City of San Diego for acquisition purposes to develop all of the <br />downtown parks. As a note, Hjelmstrom & Associates provided all of the FFE appraisals for <br />all of the businesses that were relocated for the development of PETCO Stadium. <br />Fees <br />All projects are bid based on quantity of sites and size of the individual sites to be appraised. <br />1. Project bids will be a fixed fee, inclusive of all costs. <br />2. Deposition and trial testimony <br />$350.00 / hour <br />3. Consulting work performed outside of appraisal $90.00 / hour <br />Scope of Services & Schedule <br />The services provided by Hjelmstrom & Associates budgetary estimates of company FF &E as <br />well as a full narrative FFE appraisal report reflecting values as requested in the individual task <br />orders from the City. <br />The deliverables provided by our company is an appraisal of movable and non - movable assets <br />located within a specified company. The appraisal will reflect the Replacement Cost New, Fair <br />Market Value -In Place, and Salvage /Forced Liquidation values for non - moveable assets. These <br />assets will be separated by ownership, fee owner or tenant. The movable assets will as a <br />minimum contain the Fair Market Value -In Place and the Salvage /Forced Liquidation. These <br />values sometimes will not have Replacement Costs, for many times, the Sales Comparison <br />Approach is often used as the basis, and reflects the desirability, demand, functional and <br />physical depreciation factors. These reports will be delivered as specified by the City's project <br />task order. <br />HJELMSTROM & ASSOCIATES Page 9 <br />
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