Awarded vendors
- Henry J. Mancini & Associates, Inc.
Description
The Township of Barnegat entered into a 2026 professional‑services agreement with Henry J. Mancini & Associates, Inc. for real‑estate appraisal services. The vendor will provide appraisal reports, valuation of land and improvements, and optional litigation testimony, all performed under USPAP standards. Compensation is based on hourly rates for appraisers, staff, and field personnel, plus copy, binder, and cancellation fees; late payments accrue 1.5 % monthly interest. The contract is effective for the 2026 calendar year, includes a 14‑day proposal validity window, and requires the township to supply necessary data within five days of acceptance. No competitive bidding process is documented, suggesting a sole‑source award.
• Scope: appraisal reports, optional testimony, data usage rights, compliance with USPAP.
• Financial terms: hourly rates ($175 MAI appraiser, $130 staff, $115 field, $67 clerical) plus ancillary fees; no lump‑sum budget disclosed.
• Governance: disputes resolved by binding arbitration; cancellation charges apply based on timing.