The Ocean County Board of Commissioners has awarded a contract for general appraisal services to three vendors: Henry J. Mancini & Associates, Inc., Integra Realty Resources - Coastal, NJ, and New Jersey Realty Advisory Group, LLC. The contract is for a period of one year, from January 1, 2022 to December 31, 2022. The vendors will provide professional appraisal services to the county, including testifying as expert witnesses in condemnation matters and performing other appraisal work as needed. The contract has a maximum value of $625,000. Key aspects of the contract include:
• The contract is for professional services, which are specialized and qualitative in nature and require expertise, extensive training, and a proven reputation in the field of appraisal.
• The vendors were selected through a request for qualifications process, which is in accordance with New Jersey state law.
• The contract is for a fixed period of one year, with no option for renewal.
• The maximum value of the contract is $625,000, which will be funded from various sources, including the Natural Lands Trust Fund, Capital Ordinances, and the 2022 Temporary and Adopted County Budget.