Property Appraisal Services

The vendor required to provide property appraisal services for include:
•    Onsite physical inspection and appraisal of designated cis member properties by professionally trained staff with attention to and report comments on each of the following:
o    Occupancy and usage 
o    Quality of construction
o    Number and height of building stories 
o    Year built 
o    Roof year 
o    Renovation year 
o    Construction class 
o    Floor area 
o    Flood zone 
o    GPS coordinates 
o    All relevant additional features, such as HVAC, basement, plumbing, elevators, perimeter, sprinklers, mezzanines, balconies, and any other features which add value or pose special replacement costs 
o    General overall condition
•    Provide both replacement cost and actual cash values for each building or structure appraised.
•    Conduct historical or reproduction cost appraisals of buildings or structures on locations elected by cis, or on the national register of historic places (NRHP).
•    Valuation of contents on a cost new replacement basis for each building or structure appraised; contents understood to include office furniture, equipment, communication equipment, computer hardware, consumable items, and any other personal property usual to the intended occupancy, but excluding works of art, intangible assets, mobile equipment, licensed vehicles, and assets and personal property owned by member employees. 
•    Valuation of contents would be based on a formula rather than the actual count of assets in the structure.
•    Appraiser to provide comments in the appraisal report on any hazards that are seen on or in the structure such as vacancy, general housekeeping issues, building condition (deferred repair or maintenance such as signs of a leaking roof), or presence of high hazard occupancy. 
•    Location identification including address verification and corrections, as necessary. 
•    The final report is to include the existing cis member schedule location number together with any new appraiser-assigned location numbers if changes to site are needed.
•    Land improvements (property in the open) in the report, such as playground equipment, fencing, lights, benches, etc.
•    Report to include at least one, preferably two digital color photos of each appraised building.
•    Global positioning system location coordinates to be provided for each appraised building.
•    Current flood zone codes are to be included on the report photo pages. 
•    Well houses, pump stations, lift stations, and treatment plant processes to include permanently installed operating equipment as part of the total building value. 
•    Waste and water treatment plants appraised on a “by process (structure)” basis.
•    Provided on each photo report page of significant information on the building explanation for large swing in value, building leased out (type of occupancy), etc.
•    Appraisals requested on buildings under $100,000 will be offered to members during the regular appraisal time frame for the same pricing cis receives.
•    Separate report from the photo report page to compare scheduled values to new appraised ones that note percentage of difference in value to use to spot-check large swings.