Complete reappraisal and revaluation of all real property (taxable and exempt)

Closed State & local contract opportunity

Solicitation number
RFP# 26-001
State
Connecticut
Responses due

Opportunity facts

Jurisdiction
UNSPSC codes
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Point of contact

Opportunity details come from procurement.opengov.com. Updated .

About this opportunity

The Town of Waterford, located in New London County, Connecticut, is seeking a qualified vendor to conduct a comprehensive reappraisal and revaluation of all real property (both taxable and exempt) within its corporate limits, effective October 1, 2026. The project excludes the Dominion Millstone Nuclear Power Station and requires a detailed property assessment involving inspection, measurement, and listing of physical improvements for properties sold between October 1, 2024, and October 1, 2026, as well as properties with incomplete construction or open building permits. The contractor must utilize the town's existing CAMA (Computer-Assisted Mass Appraisal) software from Vision Government Solutions Inc. and be responsible for data conversion, entry, and comprehensive property valuation. Key deliverables include developing land and building cost schedules, conducting sales analyses, implementing a quality control program, and providing trained personnel such as a project manager, commercial appraiser, reviewers, and listers. The Request for Proposal (RFP) #26-001 was released on August 28, 2025, with proposals due by September 25, 2025, at 3:00 pm, and the project timeline spans from March 23, 2026, to January 11, 2027.

The procurement does not specify explicit set-aside designations or restrictions for disadvantaged enterprises. Contractors must provide a bid bond for 5% of the total project cost and be prepared to execute the contract within 5 business days of award, including 100% performance bonding and required insurance certificates. The successful proposer must have proven municipal revaluation experience, demonstrated through documentation of past projects, legal history, and professional certifications specific to Connecticut's revaluation standards. While no incumbent vendor is mentioned, the project requires integration with the town's existing Vision Government Solutions Inc. CAMA software and collaboration with town staff on data input and field collection services. The contractor will be responsible for a public relations program to inform taxpayers about the revaluation process and must be prepared to defend the valuation in potential court appeals. Although a specific budget range is not provided, the comprehensive nature of the project suggests a significant investment in professional appraisal services for the entire town's real property inventory.

Opportunity text

The Town of Waterford is seeking proposals from qualified vendors to complete this project. This PROJECT, which is called an update revaluation, includes the complete reappraisal and revaluation of all real property (taxable and exempt) within the corporate limits of the Town of WATERFORD effective as of October 1, 2026 with the exception of:

Real and Personal Property that makes up the Dominion Millstone Nuclear Power Station

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