Revaluation of Real Estate

The Town of Berlin, Connecticut, has issued Request for Proposal 2027-04 to secure professional services for the revaluation of real estate to establish the Grand List effective October 1, 2027. The selected contractor will provide technical assistance to the Town Assessor, who maintains final authority over all valuation and tax-exempt decisions. Key deliverables include the production of residential, commercial, and exempt valuation schedules, the performance of building permit inspections, and the updating of property record cards and the Town's CAMA database. The project follows a strict timeline with critical milestones including a preliminary residential land study by May 3, 2027, a commercial land study by July 12, 2027, and the submission of suggested values to the Assessor by October 11, 2027. Proposals are due by September 8, 2026, and will be evaluated based on the firm's experience with Connecticut municipalities of similar size, technical approach, cost competitiveness, and project management reliability. A preference is stated for firms utilizing an MAI designated appraiser for commercial valuations. Required submissions include a detailed work plan, financial statements for the last two fiscal years, a current Connecticut Revaluation Certification, and three professional references. The contract includes stringent requirements such as a 100 percent performance bond for bids exceeding 50,000 dollars, comprehensive insurance coverage of at least 1,000,000 dollars across multiple liability categories, and a 500 dollar per day penalty for failure to meet completion deadlines.