RFP 10-24 Full Measure List and Appraisal and Revaluation
| Agency: | City of Concord |
|---|---|
| State: | New Hampshire |
| Type of Government: | State & Local |
| NAICS Category: |
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| Posted Date: | Nov 30, 2023 |
| Due Date: | Jan 17, 2024 |
| Solicitation No: | RFP 10-24 Full Measure List and Appraisal and Revaluation |
| Bid Source: | Please Login to View Page |
| Contact information: | Please Login to View Page |
| Bid Documents: | Please Login to View Page |
| Bid Title: |
RFP 10-24 Full Measure List and Appraisal and Revaluation
|
| Category: | Consultant Services |
| Status: | Open |
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Attachment Preview
RFP 10-24
City of Concord, New Hampshire
Purchasing Division
PROPOSALS FOR FULL MEASURE AND LIST APPRAISAL AND REVALUATION FOR THE
CITY OF CONCORD, NH
Prepared for, and in coordination with the
ASSESSING DEPARTMENT
Contract Documents
Proposal Documents
Specifications
Firm:______________________
PROPOSAL DUE DATE/TIME: JANUARY 17, 2024 NOT LATER THAN 2:00 PM
TABLE OF CONTENTS
Table of Contents ...................................................................................................................... 2
Definitions ................................................................................................................................. 3
Request for Proposals ................................................................................................................ 7
Instructions to Proposers ........................................................................................................... 9
Proposal Submission Checklist ............................................................................................... 24
Proposal Sheet ......................................................................................................................... 25
Signature Page ......................................................................................................................... 26
General Terms and Conditions ................................................................................................ 27
Specifications Exception Form................................................................................................ 42
Form W-9 ................................................................................................................................ 43
Indemnification Agreement ..................................................................................................... 44
Insurance Requirements........................................................................................................... 45
Notice of Award ...................................................................................................................... 46
Agreement ............................................................................................................................... 48
Notice to Proceed..................................................................................................................... 51
No Proposal Questionnaire ...................................................................................................... 52
RFP 10-24
Full Measure and List Appraisal and Revaluation
Page 2
DEFINITIONS:
Abatement Review means to make an assessment recommendation to the municipal assessing officials or to
make a change to an assessment that is in response to an abatement request from a taxpayer. Rev 601.01
Appraisal means the act or process of developing a market value estimate of property which will be used as
the basis for valuation, fulfilling a municipality’s statutory duties relative to property tax administration
including, but not limited to those pursuant to RSA 75:1. Rev 601.02
Assessing Services means the making of appraisals, reappraisals, assessments, or providing other services on
behalf of municipal assessing officials for the statutory administration of property valuation and assessment
including, but not limited to those pursuant to RSA 75:1. Rev 601.05
Assessing Standards Board (ASB) means the State of New Hampshire assessing standards board as
established pursuant to RSA 21-J:14-a. Rev 601.06
Assessment means an estimate of the quality, amount, size, features, or worth of real estate which is used as
a basis for a municipalities’ valuation in accordance with statutory requirements including, but not limited to
those pursuant to RSA 75:1. Rev 601.07
Base Year means the tax year in which the municipality performed a revaluation of all properties. Rev
601.08
BTLA Reassessment means an order by the State of New Hampshire board of tax and land appeals for a
revaluation or partial update of a municipality’s property assessments. Rev 601.09
Calibration means the process of ensuring the predictive accuracy of the CAMA model(s), through testing,
which may include but not be limited to; determining the variable rates and adjustments from market analysis
for land and land factors, costs and depreciation for a cost model, valuation rates and adjustments for a sales
comparison model, and market rents and capitalization rates for an income model. Rev 601.10
Computer Assisted Mass Appraisal System (CAMA) means a system of appraising property that
incorporates computer-supported tables, automated valuation models and statistical analysis to assist the
appraiser in estimating value for a revaluation, assessment data maintenance and valuation update. Rev
601.11
Contract means any agreement between the municipality and the contractor for making appraisals,
reappraisals, assessments, or for appraisal work on behalf of a municipality with the State of New
Hampshire. Rev 601.13
Contractor means the person, firm, company, or corporation with which the municipality has executed a
contract or agreement for assessing services. Rev 601.14
Cyclical Inspection means the process of a systematic measure and listing of all properties within a
municipality over a specified period of time. The term includes “data collection” and “data verification”.
Rev 601.15
RFP 10-24
Full Measure and List Appraisal and Revaluation
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Cyclical Revaluation means the process of combining a full statistical revaluation of the entire municipality
with a cyclical inspection process. Rev 601.16
Data Collection means the inspection, measuring, or listing of property within a municipality. The term
includes data verification. Rev 601.17
DRA-certified means a level of certification attained by a person as set forth by the ASB in Asb 300
pursuant to RSA 21-J:14-f. Rev 601.20
Executed means to transact, agree to, carry into effect, sign or act upon a contract or agreement to perform
assessing services for a municipality. The term includes “executing”. Rev 601.22
Final Monitoring Report means the DRA’s final letter to the municipality for any revaluation or partial
update.
Rev 601.23
Full Revaluation means the revaluation of all taxable and nontaxable properties in a municipality, with a
complete measure and listing of all taxable and nontaxable properties to occur at the same time of the
establishment of the new base year, to arrive at full and true value as of April 1. The term includes “full
reappraisal” and “full reassessment.” Rev 601.24
Full Statistical Revaluation means the process of a revaluation of all taxable and nontaxable properties in a
municipality, using existing property data, to arrive at full and true value as of April 1. The term includes
“statistical update” and “statistical reassessment”. Rev 601.25
Highest and Best Use means the physically possible, legally permissible, financially feasible, and maximally
productive use of a property, as appraised in accordance with RSA 75:1. Rev 601.26
Improvement means any physical change to either land or to buildings that may affect value. Rev 601.27
In-house Work Plan means a written set of goals, objectives, processes, and timelines that the municipality
intends to rely upon to perform revaluations, partial updates, or cyclical inspections. Rev 601.29
Listing means recording a description of the interior, exterior, and attributes of any improvements or the
recording of the description of land features and attributes. The term includes “list”. Rev 601.30
Market Analysis means the study and processes utilized to determine the response of buyers and sellers of
real estate, in a geographic area, to various data elements through the analysis of cost data, income data, and
sale transactions in the performance of mass appraisal. Rev 601.31
Market Value means the value of a property that:
(a) Is the most probable price, not the highest, lowest or average price;
(b) Is expressed in terms of money;
(c) Implies a reasonable time for exposure to the market;
(d) Implies that both buyer and seller are informed of the uses to which the property may be put;
(e) Assumes an arm’s length transaction in the open market;
(f) Assumes a willing buyer and a willing seller, with no advantage being taken by either buyer or seller;
and,
RFP 10-24
Full Measure and List Appraisal and Revaluation
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(g) Recognizes both the present use and the potential use of the property.
The term includes “full and true value”. Rev 601.32
Mass Appraisal means the utilization of standard commonly recognized techniques to value a group of
properties as of a given date, using standard appraisal methods, employing common data and providing for
statistical testing. Rev 601.33
Measure means the physical inspection, verification, sketching and recording of the exterior dimensions and
attributes of any improvements made to a property. Rev 601.34
Municipal Assessing Officials means those charged by law with the duty of assessing taxes and being the:
(a) Governing body of a municipality;
(b) Board of assessors or selectmen of a municipality; or
(c) County commissioners of an unincorporated place.
Rev 601.36
Municipality means a city, town, or unincorporated place. Rev 601.37
Partial Update means the process of analyzing market sales throughout the entire municipality to identify
and implement needed value changes to the affected areas, or classes of property, to bring those properties to
the municipality’s general level of assessment utilizing the existing base tax year and providing an addendum
to the existing USPAP compliant report. The term includes “partial revaluation.” Rev 601.38
Revaluation means the act of re-estimating the worth of real estate of the entire municipality using standard
appraisal methods, calibration of the CAMA tables and models, establishment of a new base year with a
USPAP compliant report, and providing for statistical testing whether by either:
(a) A full revaluation; or,
(b) A full statistical revaluation.
The term includes “reappraisal,” “reassessment,” and “value anew”. Rev 601.40
Sale Validation means the process of verifying a real estate sale transaction to determine whether the sale
was a valid or an invalid indicator of the market value of the sold property. The term includes “sale
verification” and “sale qualification.” Rev 601.41
Statistical Testing means the use or application of numerical statistics to understand the results of a
reappraisal or the need for a reappraisal. Rev 601.42
Uniform Standards of Professional Appraisal Practice (USPAP) means the generally accepted and
recognized standards of appraisal practice printed by The Appraisal Foundation as authorized by Congress as
the source of appraisal standards and appraiser qualifications. Rev 601.44
USPAP Compliant Report means an appraisal report based upon the standards established by the ASB
pursuant to RSA 21-J:14-b I, (c.) Rev 601.45
DUTIES OF:
DRA-Certified Building Measurer and Lister Duties Asb 304.01
(a) A DRA-certified building measurer and lister may collect data as described in Asb 303.02 for the sales
survey.
RFP 10-24
Full Measure and List Appraisal and Revaluation
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