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Vermont Department of Taxes·Vermont

Property Appraisal Services

Closes 4/24/2025$200k – $2MRequest for Proposal
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Description

The Vermont Department of Taxes is seeking a contractor to provide property appraisal services for complex commercial and other unique properties in the state. The contractor will be responsible for conducting appraisals, providing opinions on the correctness of existing grand list values, and testifying in support of these appraisals as needed. The contract will be for a period of two years with an option to renew for up to three additional years. The contractor must have relevant experience, knowledge of utility appraisal methods, and the ability to provide consulting and expert testimony. Some key points to consider: • The contractor will be expected to value real property as requested by the Department. • The contractor must have knowledge and familiarity of utility appraisal methods and techniques. • The contractor must have relevant experience and available resources. • The selected contractor must be in good standing with the Vermont Department of Taxes.

Attached files

Contact

Michael Madill(State Contact)

[email protected]

(802) 552-8961

Key dates

Opened
3/13/2025
Questions due
4/1/2025
Closes
4/24/2025
Duration
24 months

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531320

Budget estimate

$200,000 – $2,000,000

The estimated budget for this contract is difficult to determine, as the RFP does not provide a specific dollar amount. However, based on the scope of work and the fact that the contract is for a period of two years with an option to renew for up to three additional years, it is possible that the budget could be in the range of $100,000 to $500,000 per year, depending on the number and complexity of appraisals required. The total budget over the life of the contract could therefore be in the range of $200,000 to $2 million.

AI estimate from the solicitation

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