66-10 Attachment

Township of West Orange Revaluation Proposal Evaluation & Recommendation Report In accordance with N.LS.A. 40A:11-4.5 this report shall clearly. set forth the reasons why Appraisal Systems, Inc, was recommended to perform the complete revaluation of the Township of West Orange. All proposals were thoroughly reviewed by the Evaluation Committee which consisted of the following individuals: Joseph Antonucci, Tax Collector; Edward J. Coleman, Comptroller; Anne DeSantis, Purchasing Agent, Kevin Dillon, Tax Assessor and John Sayers, Business Administrator, ‘The potential vendors who submitted proposal are as follows: 1. Appraisal Systems, Inc. - proposal amount was $1,143,400.00 2. Certified Valuations, Inc, — proposal amount was $1,074,130.00 3. Realty Appraisal Company — proposal amount was $985,000.00 Proposal Summaries (listed in order of evaluation) Appraisal Systems, Inc.: All Mandatory Proposal Check List items were submitted with their proposal. Under Technical Criteria, the evaluation committee scored this company with the highest ranking, The basis for this was Appraisal Systems proposal was the most comprehensive, their experience ufilizing Vital’s CAMA system was greatest among the competing companies and they appeared to be the most innovative with respect to usage of technology and techniques, Under Management Criteria, the consensus among the evaluation committce was that Appraisal Systems possessed the best overall ability to manage the West Orange revaluation given having the greatest number of experienced field inspectors, Certified Tax Asaessots (CTA’s), transpatent public relations prograin via operating an interactive website to disseminate the greatest amount of critical information to the taxpaying public and possessing a comprehensive history, level of experience and reliability in completing revaluations similar in demographics to the Township of West Orange. Under Cost Criteria, the evaluation committee ranks their cost of services lowest among the three tespondents, but ranks them the highest in the categories of assuranccs of performance and vendor's financial stability and strength. As a result, Appraisal Systems ranked second among the three companies in Cost Criteria. Realty Appraisal Company: All Mandatory Proposal Check List itorms were submitted with their proposal. Under Technical Criteria, the evaluation committee

among the three companies in Cost Criteria. Realty Appraisal Company: All Mandatory Proposal Check List itorms were submitted with their proposal. Under Technical Criteria, the evaluation committee ranked this company last among the three vendors, Their proposal indicated they would load the township's Mod-IV data into their Altos System. The township's specifications clearly indicate that the revaluation RECEIVED TINE WAR 41:49