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Grundy County Industrial and Commercial Revaluation

7/18/2025
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Morris, IL

County of Grundy

Buyer is seeking professional revaluation services for industrial, commercial, and special-use properties across the County and its Townships. Buyer intends to establish a billable hourly engagement model for ongoing valuation support rather than a full-scale reassessment. The project focuses on refinement, compliance assessments, and valuation adjustments for properties including chemical plants, manufacturing plants, distribution centers, retail centers, and other commercial facilities. Transparency and collaboration with County Officials and stakeholders is required.

  • 7/9/2025 - Cutoff for Questions
  • 7/11/2025 - Response to questions released
  • 7/18/2025 - Proposal Due Date
  • 7/29/2025 - Evaluation with Short-List Interview
  • 8/5/2025 - Presented to Tax and Tech Committee
  • 8/11/2025 - Presented to Finance Committee
  • 8/12/2025 - Approval at Grundy County Board
  • Minimum five years experience in governmental assessment and revaluation services
  • Provide copies of business licenses and pertinent licenses
  • Experience handling firms with similar scope
  • Have equipment and labor resources to provide all services
  • Current Insurance Certificates of Coverage
  • Provide quarterly market trend reports on industrial/commercial property values
  • Develop data-driven valuation recalibrations for property adjustments
  • Conduct cost-based, income-based, and sales-comparison valuation modeling
  • Perform regulatory compliance reviews for state-mandated assessment alignment
  • Support appeals process including presenting valuation findings
  • Coordinate with County Assessors and Economic Development Leaders
  • Develop standardized electronic valuation reports compatible with County database
  • Create interactive dashboards for real-time valuation updates
  • Conduct fiscal impact studies for valuation adjustments
  • Provide tax incentive analysis for prospective industrial clients