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  5. ›RFP - Atlantic Highlands Revaluation - 2017

Borough of Atlantic Highlands·New Jersey

RFP - Atlantic Highlands Revaluation - 2017

Rolling / TBD close$1.5M – $3.5MRequest for Proposal
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Description

The Borough of Atlantic Highlands is seeking a qualified firm to perform a full re‑valuation of every real‑property parcel within the borough (approximately 1,945 parcels) for the 2017 tax year. The scope includes comprehensive field inspections, photography, data collection on standardized property record cards, application of cost, sales‑comparison and income approaches, entry of all data into a CAMA system, production of valuation reports, public‑relations activities, informal taxpayer hearings, and delivery of all final data to the Borough’s tax assessor. The contract must commence within 30 days of award and be completed by late October 2016, with owner notifications and hearings finalized by the end of November 2016. The award process requires a 10 % bid bond (capped at $20,000) and a performance bond equal to 100 % of the contract price, along with extensive insurance coverage and affirmative‑action compliance. • Mass‑appraisal of ~1,945 parcels covering residential, commercial, industrial, farm, vacant land and exempt categories. • Required deliverables: property record cards, photographs, sales‑data booklets, limited‑summary appraisal reports, monthly progress reports, and final “Proof Book.” • Tight schedule: proposals due 1 Oct 2015 11:00 a.m.; contract start within 30 days of award; final valuation by 23 Oct 2016; owner notices and hearings by 30 Nov 2016. • Mandatory bonds (10 % bid bond ≤ $20k; 100 % performance bond) and $1 M minimum insurance coverage across multiple lines. • Vendor must provide affirmative‑action documentation, ADA compliance, and be prepared to testify for tax‑court appeals.

Attached files

Contact

Renee Frotton(Tax Assessor)

(732) 291-1444

Key dates

Opened
9/16/2015
Closes
Rolling / TBD
Duration
13 months

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
541618

Budget estimate

$1,500,000 – $3,500,000

No contract amount is disclosed, but a full‑scale municipal revaluation covering nearly 2,000 parcels typically ranges from $1.5 million to $3.5 million in New Jersey, based on comparable county‑wide appraisal contracts, the need for specialized software, extensive field crews, and the required bonding and insurance.

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