Revaluation Services RFP - Town of Damariscotta

Start Date: January 03, 2025
End Date: February 06, 2025
Type: Requests for Proposals (RFP)
Phone: 207-563-5168
Email: [email protected]
More Information: Click Here

The Town of Damariscotta seeks competitive proposals for a complete revaluation (Project) of all taxable and tax- exempt real and personal property within the Town of Damariscotta, Maine (Town) effective no later than April 1, 2028 (The effective date). The expected tax commitment date, using these values, is mid- July immediately following the effective date.  The scope of the Project requires the complete appraisal and revaluation of all developed taxable real property, all tax-exempt real property, all taxable personal property and all tax exempted personal property located within the corporate limits of the Town of Damariscotta, Maine as of the effective date of the Project.

There are approximately 1,840 total real estate accounts, including approximately 500 commercial/industrial properties and 75 exempt properties. The commercial properties are largely small-medium scale retail stores and service business, along with some light manufacturing facilities and one hospital campus. There are approximately 300 personal property accounts with BETE accounts averaging approximately 20 per year.  The town’s 2024 equalized State Valuation is $537,100,000.

Proposal Deadline: February 6, 2025

Anticipated Selection: February 19, 2025