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Revaluation of All Real Property

BID #: N/A
ISSUED: 8/24/2022
DUE: 9/29/2022
VALUE: TBD
100
Rating

Risk Rank

Green Risk

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Executive Summary

This Request for Proposals (RFP) seeks qualified professional firms to conduct a comprehensive municipal revaluation of all real property within an unspecified municipality. The core objective is to ensure equitable and accurate property assessments for taxation purposes, aligning with state regulations and appraisal standards. The scope of work encompasses a full market analysis, data collection and verification for all property classes (residential, commercial, industrial, vacant land), field inspections, valuation modeling, development of new assessment rolls, and potentially defending assessed values during informal and formal appeal processes. This critical public service project aims to update property values to current market conditions, ensuring fairness and transparency in local property taxation across all property types and neighborhoods. Prospective contractors must demonstrate extensive experience in municipal property revaluations, possess all necessary state certifications and licenses for appraisal services, and provide proof of a highly qualified team of certified appraisers and support staff. Bidders should detail their proposed methodology, quality control procedures, and public relations strategy for taxpayer engagement. While the provided text does not specify mandatory pre-bid meetings or site visits, such requirements are typical for projects of this complexity and scale to ensure all bidders have a thorough understanding of the municipality's specific needs and geographic characteristics. Firms must also highlight their capacity to manage large-scale data collection and analysis, adherence to strict timelines, and experience with various property assessment software platforms. Detailed submission instructions, including the precise deadline date and time for proposal delivery, are not available in the provided excerpt but would be comprehensively outlined in the full RFP document. Bidders are typically required to submit technical proposals detailing their qualifications, project plan, and timeline, alongside sealed price proposals. Common requirements for such municipal revaluation contracts include proof of substantial general liability and professional errors and omissions insurance, and potentially bid security or performance bonds to guarantee the successful completion of the project. All inquiries regarding the municipal revaluation services RFP should typically be directed to the municipality's purchasing department or a designated contact person, which would be specified within the complete solicitation package.

Detailed Risk Breakdown

local preference

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performance bond

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liquidated damages

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Timeline

First Discovered

Jun 10, 2026

Last Info Update

Jun 10, 2026

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