Award
Natick Town Civicplus #295
Award - Appraisal Services - Route 27
Recipient
Guidry & Platt Real Estate Analysts
Award Amount
$217,044.00
Ceiling
$217,044.00
Awarded
October 01, 2018
Identifier
295
The Town of Natick, Massachusetts, through its Board of Selectmen and Procurement Officer, awarded a contract to Guidry & Platt Real Estate Analysts, based in Gloucester, MA, for real estate appraisal services related to the reconstruction of approximately 2.2 miles of North Main Street (Route 27). The contract covers appraisal of approximately 196 properties impacted by the project, including 146 properties requiring temporary easements and 50 properties requiring a combination of temporary easements, permanent easements, and land takings. Pricing is set at $1,053.00 per property for properties with temporary easements only and $1,328.00 per property for properties with additional easements and takings, totaling an estimated $217,044.00 based on projected quantities. The scope includes detailed appraisal research, highest and best use analysis, valuation methods, severance damages, special benefits, cost to cure, and reporting, in compliance with Massachusetts Department of Transportation (MassDOT) and Federal Highway Administration (FHWA) requirements. The contract duration is one year with potential extensions, and all work is to be completed within 90 days of the Notice to Proceed. The contract was funded by the 2018 Spring Annual Town Meeting, Article 25, from Free Cash, with an initial appropriation of $285,000.
Description
Contract awarded to Guidry & Platt Real Estate Analysts for appraisal services related to Route 27 properties in Natick, Massachusetts. The contract covers appraisal of an estimated 194 properties, with pricing at $1,053.00 per property for those with temporary easements only, and $1,328.00 per property for those with temporary easements, permanent easements, and takings. The total estimated contract price is $217,044.00, funded by the 2018 Spring Annual Town Meeting, Article 25, from Free Cash. The exact number of properties to be appraised will be determined based on actual need.