PRM Property Appraisal Program - 2014April 8, 2013
Ms. India Riedel
City of Okeechobee
55 S. E. Third Avenue
Okeechobee, FL 34974 -2932
W227 N16867 Tillie Lake Court, Suite 201
Jackson, WI 53037 www.cbizvaluation.com
Ph: 262.677.1838 F: 262.677.2130
Re: Public Risk Management of Florida Property Appraisal Program - 2014
Dear Ms. Riedel:
Public Risk Management of Florida (PRM) has contracted with CBIZ Valuation Group, LLC
(CBIZ) to provide property inspection and valuation services to PRM and its members. You
do not need to take any action at this time. This letter is a notification that you are due for
an appraisal in 2014 and is meant to be of assistance with regards to your budgeting
process.
Consistent with PRM's requirements, the scope of service to be provided to members by
CBIZ will include the inspection and insurance valuation of all member -owned buildings,
contents, EDP and insurable site improvements. Prior to starting the inspection process
CBIZ will require your written authorization in the form of signing and returning this
document. Upon receipt of your written authorization CBIZ will contact you to schedule the
on -site inspection.
BUDGET & AUTHORIZATION
The budgeted amount below is based on the information found on the current statement of
values provided by PRM. The actual amount may change based on the actual numbers and
values of buildings and insurable site improvements inspected (consistent with the program
fees listed below).
Estimated Budget:
Buildings $50k and above: (required) $950- $1,100 X
Buildings $50k and below: (optional) $100 - $200
(Please initial if this service is requested)
City of Okeechobee
April 8, 2013
Page 2
Program Fees:
New buildings and buildings not previously inspected and valued by CBIZ:
• Buildings $50,000 or greater $155 per bldg
• Buildings less than $50,000 $98 per bldg (optional)
Buildings previously inspected and valued by CBIZ:
• Buildings $50,000 or greater $114 per bldg
• Buildings less than $50,000 $72 per bldg (optional)
Flood Zone Determination & Certification:
• Flood Zones $10 per building
The fees above include the following value added services:
• Data File Development Included
• Valuation Comparison Reports Included
• Toll Free Appraisal Support Line Included
Progress invoices will be submitted as work is completed. Invoices are payable upon
receipt. CBIZ will include a voucher with each invoice showing the number and types of
buildings & improvements inspected and the fees associated with each. The terms and
conditions found in the contract authorized by PRM dated February 5, 2013 will apply to all
services provided under this engagement. If you would like a copy of the contract please
contact Ms. Bonnie Mims at Public Risk Management of Florida.
You may indicate the acceptance of this engagement by executing the signature block found
on the following page and returning a copy of the agreement to the attention of the
undersigned via fax at (262) 677 -2130. Should you have any questions, please call the
PRM Appraisal Service hotline at (800) 253 -4453 ext. 236 or email the engagement
manager (Jeffrey Lank) at jlank @cbiz.com.
Respectfully submitted,
CBIZ Valuation Group, LLC
Kory C. Dogs
Director
City of Okeechobee
April 8, 2013
Page 3
I have read the terms of this agreement and hereby authorize this assignment.
ACCEPTED this /1 day of
Client:
By:
Title:
Cit
f
Okeechobee
The fees for the professional service outlined within this agreement shall remain in effect
until 12/31/2013.
Please return this signed engagement letter to:
CBIZ Valuation Group, LLC
Attn: Kathy Jaeger
W227 N16867 Tillie Lake Court, Suite 201
Jackson, WI, 53037
Fax: 262- 677 -2130
TO:
PURCHASE REQUISITION
CITY OF OKEECHOBEE
55 S.E. Third Avenue
Okeechobee, FL 34974 -2903
Tel: 863 - 763 -3372
Fax: 863 - 763 -1686
CBIZ Valuation Group, LLC
W227 N16867 Tillie Lake Court, Suite 201
Jackson, WI 53037
THIS ORDER SUBJECT TO CONDITIONS ON FACE.
NO CHANGES MAY BE MADE WITHOUT WRITTEN
PERMISSION OF PROCUREMENT MANAGEMENT.
Req. No.
13696
corres odernci
SHIP TO:
City of Okeechobee
55 SE 2nd Avenue
Okeechobee, FL 34974
INVOICE IN DUPLICATE:
DATE
VENDOR NO.
DELIVERY DAT
SHIP VIA BEST WAY
F.O.B. DEST.
TERMS
4/11/2014
N/A
N/A
N/A
N/A
ITEM NO
ACCT. NUMBE
QUANTIT'
UNIT
DESCRIPTION
UNIT
AMOUNT
1
001- 513 -5200
Property Valuation and
Inspection for Insurance
Appraisal
(Required every 5 years
through PRM)
$
1,610.00
$
1,610.00
CITY OF OKEECHOBEE IS EXEMPT FROM FEDERAL EXCISE AND TRANSPORTATION
TAXES AND STATE SALES TAX. DO NOT INCLUDE THESE TAXES IN YOUR INVOICE.
EXEMPTION CERTIFICATE WILL BE SIGNED UPON REQUEST.
STATE SALES TAX EXEMPTION NO. 85- 8012621656C -6
FEDERAL I.D. NO 59- 60000 -393
RECEIVING RECORD
AU `HORI$ 13$ GNATUR
Public Risk Management (PRM) contracts with CBIZ to provide the inspection and valuation se
ices
to its members. This vendor is the sole source vendor for this service through PRM.
❑ PARTIAL ❑ FINAL