The vendor is required to provide a fair market value appraisal for each individual property approximately nineteen (19) single family, residential properties.
- The township reserves the right to increase or decrease the number of properties to be evaluated during the term of the contract based upon available funding.
- A list of houses to be appraised will not be available until after the project is awarded.
- The project manager or project coordinator will provide contact information to put the successful applicant in touch with property owners.
- The applicant will then secure mutually convenient dates for property visits and inspections.
- Structures are all residential and vary in size from structures under 1,000 square feet up to approximately 3,000 square feet.
- When background information, physical research material, and geographic criteria are identical, and if reports regarding said data can replicated exactly, appraiser shall do so without additional cost to the township.
- Whenever applicable, adjacent properties that have the same owner are to be counted as one report, with a breakdown of each parcel.
- As each appraisal is completed inspections and appraisals shall be provided in writing for each property, per uniform standard of professional appraisal practice guidelines.
- All appraisal services and reports are to be completed and turned in within seventy-five (75) calendar days of the notice to proceed by the township’s project manager.
- Reports shall be submitted to the project manager as they are completed and not held until they are all complete.
- The event that the project deadline cannot be met, the project may be extended by mutual agreement by both parties with adequate notice given to the project manager prior to the seventy-five (75) day deadline.