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Awarded contract·Barnegat Township·New Jersey

Township Appraiser

Won by Henry J. Mancini & Associates, Inc.$95kAwarded 2/12/2024Single Award
Contract source

Awarded vendors

  • Henry J. Mancini & Associates, Inc.

Description

This contract appoints Henry J. Mancini & Associates, Inc. as the official Township Appraiser for the Township of Barnegat for fiscal year 2024. The firm will prepare USPAP‑compliant appraisal reports, provide testimony and litigation support as requested, and may incorporate non‑confidential data into its internal database. Compensation is based on hourly rates ranging from $67 to $175 per hour, plus copy/printing fees and cancellation charges; interest accrues on late payments. The client must supply required data within five days of acceptance, and the fee schedule is valid for 14 days from the proposal date. • Services include full‑service real‑estate appraisal, report preparation, and optional court/board testimony. • Payment is on a time‑and‑materials (hourly) basis with defined rates for appraisers, staff, and clerical work. • The agreement includes cancellation fees, interest on overdue balances, and mandatory arbitration for disputes.

Attached files

Key dates

Intent to award
2/12/2024
Awarded
2/12/2024
Starts
2/7/2024
Duration
1 year

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Real Estate
NAICS
531320

Contract value

$95,000

The contract does not disclose a total dollar amount. Using the provided hourly rates and assuming a moderate workload for a township appraisal (e.g., 200 hours of senior appraiser time at $175/hr, 300 hours of staff at $130/hr, and 100 hours of clerical work at $67/hr) yields: (200 × 175) = $35,000; (300 × 130) = $39,000; (100 × 67) = $6,700. Adding estimated copy/printing and incidental fees (~$2,000) brings the total to roughly $82,700. Rounding for contingencies and potential litigation support pushes a reasonable ballpark to **$90,000‑$100,000**. Therefore, a conservative estimate of **$95,000** is provided.

AI estimate from the award documents

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