Request of Proposal of General Real Property

Floyd County, Virginia is requesting proposals for a comprehensive real property reassessment to determine current fair market value for approximately 15,050 parcels across the county, with proposals due July 10, 2026 at 4:00 p.m. local time. The project manager, contracting agent, and any assigned appraisers must hold Virginia Department of Taxation certifications and maintain them throughout the contract period — a mandatory qualification filter.

The scope encompasses field inspections of all properties, four-sided photography of each building, market-value appraisals based on analysis of recent sales and construction data, and creation of a local manual detailing coding and pricing methodology for the County's Computer-Assisted Mass Appraisal system. Fieldwork must be completed and a presentation delivered to the governing body before the final reassessment book is signed. The contractor must provide bi-weekly status updates during fieldwork, remain available for public hearings and quality assurance reviews, and support court appeals for three years following the assessment effective date.

Work must begin upon notice to proceed and be completed no later than December 31, 2028. The County will evaluate proposals on best value, including price, qualifications of firm and assigned staff, track record of successful reassessments within Virginia, and overall responsiveness to RFP requirements. The contractor bears all costs for personnel, equipment, travel, insurance, and system familiarization with the Concise Systems Computer-Assisted Mass Appraisal Program and BAI software. A performance bond may be required during negotiations. Worker's compensation insurance is required for contractors with three or more employees. The County provides office space, supplies, data processing, building permit information, prior sales data, and tax maps. The last general reassessment was completed in 2025.