County approves Nexus Group contract for cyclical reassessment, assessor says it saves about $84,000
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Summary
The county assessor recommended choosing Nexus Group for cyclical reassessment; commissioners approved the contract, and the assessor said the change will save about $84,000 by handling residential and agricultural work in-house while outsourcing industrial and complex commercial work.
The Vermillion County assessor presented bids for the county’s cyclical reassessment work and recommended contracting with Nexus Group. Commissioners approved the contract by voice vote.
Assessor Paige told the board the Nexus Group bid is lower than the incumbent and that the county will perform much of the residential and agricultural reappraisal work in-house, while Nexus Group would handle industrial and complex commercial appraisals. "By going with the company, we're saving the county roughly $84,000," Paige said, adding that Nexus will provide attorneys to assist with industrial and commercial appeals.
Paige told commissioners that during recent appeals the county lacked sufficient resources to rebut certain valuation issues and that legal support bundled with the Nexus contract will help preserve the county’s valuation positions going forward. Commissioners voted to approve the standard state contract and authorized the assessor to sign.
The contract award was unanimous among present commissioners.