Valuation Services - Interim Real Estate / Assessing

The City of Worcester is procuring professional interim real‑estate valuation services for all parcels in the city for FY 2025, using its in‑house Vision appraisal software. The work includes analyzing recent land sales, building and updating a sales database, creating cost/market model tables, generating DOR‑compliant ratio reports, and assisting with the Department of Revenue interim adjustment form. All services must be completed by October 31 2024, and the contract will be awarded to a single vendor, Vision Government Solutions, at a lump‑sum price of $37,000. • Scope covers analysis of 47,120 parcels (residential, commercial, industrial, mixed‑use, etc.) and delivery of updated valuation reports and database tables. • Requires a MAI‑designated Project Manager and compliance with Massachusetts General Laws Chapter 59 classifications. • Vendor must provide required insurance (general liability $1 M/$2 M, auto $1 M), and a bid security is mandatory though amount not specified. • Fixed‑price, firm‑FOB Destination contract with a one‑year warranty on work performed. • Bids were due September 30 2024; the award went to Vision Government Solutions for $37,000.