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REVALUATION OF REAL PROPERTY SITUATED WITHIN THE TOWNSHIP OF TOMS RIVER

BID #: 40
DUE: 7/8/2020
VALUE: TBD
100
Rating

Risk Rank

Green Risk

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Executive Summary

The Township of Toms River is soliciting bids for the comprehensive revaluation of all real property situated within its municipal boundaries. This critical project aims to accurately assess property values for taxation purposes, ensuring fairness and equity across the township. The scope of work for this municipal procurement includes, but is not limited to, the detailed inspection, data collection, and valuation of all residential, commercial, industrial, and undeveloped parcels, adhering strictly to New Jersey state statutes and guidelines for property assessment. This extensive revaluation initiative is fundamental to maintaining an equitable tax base and transparent local government operations in Toms River. Prospective contractors for this significant real property revaluation project must demonstrate extensive experience and qualifications in mass appraisal techniques and municipal revaluation programs, specifically within New Jersey. While specific licensing requirements such as NJ Public Works Contractor Registration or mandatory pre-bid meetings are not detailed in this initial excerpt, it is imperative that interested firms possess all necessary state certifications for appraisal and valuation services. Successful bidders will be expected to have a proven track record of completing similar large-scale municipal revaluation projects efficiently and accurately, employing qualified appraisal staff and adhering to best industry practices and ethical standards. Detailed submission instructions, the exact deadline date and time for proposals, specific requirements for bid security or performance bonds, and designated contact information for inquiries are not provided in this brief excerpt. Interested professional appraisal firms are strongly advised to obtain the complete Request for Proposal (RFP) document directly from the Township of Toms River's official bid portal or purchasing department. The full RFP package will contain all necessary forms, technical specifications, contractual terms, and procedural guidelines required for a compliant and competitive bid submission for the revaluation of real property in Toms River Township.

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 9, 2026

Last Info Update

Jun 9, 2026

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