2.
GENERAL SERVICES TO BE PERFORMED BY SANSOUCY
2.1
Scope of Work:
The scope of this work is for the revaluation of the Eversource Energy utility
property in the City of Nashua. A USPAP 2018/2019-compliant appraisal report
will be prepared for the utility and provided by October 1, 2018. The value will be
provided by September 1, 2018 or thereafter as soon as the revaluation land
schedules are completed by the City. The public utility property to be valued will
include utility land and land rights based on the City-wide mass appraisal land value
schedules provided by the City to us from the revaluation contractor, and all special
purpose improvements. Valuations will be prepared considering all three
approaches to value, including the cost, income, and sales comparison approaches.
Recommended easement values will also be provided. This revaluation will also
provide the basis for creating a template to be used with the 2014, 2015, 2016, and
possibly 2017 values before the Board of Tax and Land Appeals.
Sansoucy will defend its appraisals before all local judicial review bodies
designated by the City. Should the taxpayer challenge any valuation developed by
Sansoucy, Sansoucy will defend the value from the beginning of the valuation
process through the local abatement process as part of this contract, which will end
on August 30, 2019 for 2018 values. Should a defense be required beyond the local
abatement process, or should any settlement work after the local process be
required, additional charges on a time and material basis in accordance with the
attached rate sheet will apply.
Additional scope items as requested by the City Counsel will be performed on a
time and material basis in accordance with the attached rate sheet.
2.1.1 Scope of the Work Products
A USPAP 2018/2019-compliant appraisal report that contains facts, figures,
and calculations necessary for the reader to understand the report will be
prepared for Eversource Energy, including a copy of the report which will be
mailed directly to the New Hampshire Department of Revenue Administration
(DRA).
City of Nashua, NH Page 2 of 7
Eversource Energy 2018 Revaluation
George E. Sansoucy, P.E., LLC
Prepared: 5/25/2018
