Westerly City Bids, RI

The bid documents state that data collection must be completed by November 30, 2027, and final valuations must be delivered no later than April 15, 2028.

The bid documents indicate that payment terms are net 30 days. Periodic payments will be made, with 10% retained until all obligations are fulfilled.

The bid notice states that proposals will be evaluated using comparative criteria including contractor experience, project manager's waterfront experience, contractor financial stability, and level of satisfaction with contractors performance on other projects. The best price shall be the lowest price from a bidder who meets the minimum criteria and provides the highest level of performance.

The contractor must hold a valid Rhode Island revaluation company certification. Personnel must be experienced and qualified, with the project manager or supervisor being certified as a revaluation supervisor and having at least five years of appraisal management experience. Reviewers and appraisers must be certified and have at least three years of practical appraisal experience.

Failure by the contractor to complete all work prior to the specified date of April 15, 2028, shall be cause for a penalty payment of **** per day beyond the specified date of completion.

The bid notice does not explicitly mention a mandatory or optional site visit for bidders. However, it details extensive physical inspections to be performed by the contractor as part of the scope of work.