Specifications include, but are not limited to: The complete statistical update reappraisal and revaluation of all taxable real estate within the corporate limits of the Town of Coventry, Rhode Island, as of December 31, 2022, as described below. The project shall include land, buildings and improvements, mobile homes and buildings on leased land. It does not include tax exempt properties. The selected Contractor shall, at the very least, perform the statistical update and revaluation services described as follows: • Inspect and value all new building permits and open permits. • Review all construction that was still incomplete as of December 31, 2021. • Analyze the parcel inventory of all properties that have sold since the last completed full update, which was as of December 31, 2019. • Adjust all value tables, depreciation tables, land tables, income approach tables, and neighborhood codes. The Patriot Assess Pro 5 CAMA system must be used for all value adjustments, property record changes, analysis and the generation of reports. • All data files will be made available, in an acceptable format, to the Department of Administration.
