Title XI Vessel Surveys and Appraisals Support Services

DISCLAIMER:
This is a Sources Sought Notice and is for informational and planning purposes only. This is not a Solicitation, Request for Proposal (RFP), or Invitation for Bid (IFB). Responses to this notice are not considered offers and cannot be accepted by the Government to form a binding contract. The Government will not reimburse respondents for any costs incurred in responding to this notice.

BACKGROUND:
The Maritime Administration (MARAD) is conducting market research to identify qualified small business concerns capable of providing vessel surveys, vessel appraisals, and related maritime technical support services in support of the Title XI Federal Ship Financing Program and other Federal lending-related maritime activities.

The Government is seeking information from firms with demonstrated experience in conducting marine vessel inspections, technical evaluations, condition and valuation surveys, and appraisals for commercial vessels and maritime assets for either Federal lending programs or private-sector financing institutions.

SCOPE OF POTENTIAL REQUIREMENT:
The anticipated services may include, but are not limited to:

• Vessel condition surveys
• Vessel valuation and appraisal reports
• Technical inspections and assessments
• Review of vessel maintenance and operational records
• Risk and collateral analysis for maritime lending purposes
• Shipyard and construction progress inspections
• Compliance reviews related to marine financing programs
• Preparation of written technical findings and recommendations
• Support for Federal credit underwriting and loan monitoring activities

The Government is particularly interested in identifying small businesses with expertise involving commercial vessels, ship financing, marine engineering, vessel operations, and maritime asset valuation.

SUBMISSION INSTRUCTIONS:
Interested firms shall submit an electronic capability statement in PDF format.

Responses shall be submitted via email to:
Kelly Mitchell-Carroll
K.Mitchell-Carroll@dot.gov

Subject Line:
“Sources Sought Response – Title XI Vessel Surveys and Appraisals”

Responses are due no later than:
June 8, 2026, at 12 Noon, EDT

QUESTIONS:
Questions regarding this notice may be submitted via email to the Contract Specialist identified above no later than June 3, 2026, by 12 Noon, EDT.

IMPORTANT NOTICE:
This Sources Sought Notice is issued solely for market research purposes to assist the Government in acquisition planning and determining the availability of qualified small business sources. The Government reserves the right to determine the appropriate acquisition strategy based on responses received.

See the attached for further detail as it relates to this Sources Sought Notice.