Professional appraisal; contract for services; provisions
Sec. 19.5. (a) The department of local government finance shall
develop a standard contract or standard provisions for contracts to be
used in securing professional appraising services.
(b) The standard contract or contract provisions must contain:
(1) a fixed date by which the professional appraiser or appraisal
firm shall have completed all responsibilities under the contract;
(2) a penalty clause under which the amount to be paid for
appraisal services is decreased for failure to complete specified
services within the specified time;
(3) a provision requiring the appraiser, or appraisal firm, to
make periodic reports to the township assessors involved;
(4) a provision stipulating the manner in which, and the time
intervals at which, the periodic reports referred to in subdivision
(3) of this subsection are to be made;
(5) a precise stipulation of what service or services are to be
provided and what class or classes of property are to be
appraised;
(6) a provision stipulating that the contractor will generate
complete parcel characteristics and parcel assessment data in a
manner and format acceptable to the legislative services agency
and the department of local government finance; and
(7) a provision stipulating that the legislative services agency
and the department of local government finance have
unrestricted access to the contractor's work product under the
contract.
The department of local government finance may devise other
necessary provisions for the contracts in order to give effect to the
provisions of this chapter.
(c) In order to comply with the duties assigned to it by this
section, the department of local government finance may develop:
(1) one (1) or more model contracts;
(2) one (1) contract with alternate provisions; or
(3) any combination of subdivisions (1) and (2).
The department may approve special contract language in order to
meet any unusual situations.
As added by P.L.198-2001, SEC.15.
Last modified: May 28, 2006