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Board approves $28,000 for 2026 revaluation; assessor seeks Federal Appraisal sole‑source waiver

Town of Waterford Board of Selectmen · April 7, 2026
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Summary

The Board of Selectmen approved forwarding a $28,000 appropriation request for a state‑mandated 2026 property revaluation, including valuation of the Millstone Nuclear Power Plant. The assessor asked for a bid waiver, saying Federal Appraisal has unique expertise in nuclear valuations.

The Board of Selectmen voted March 17 to forward an appropriation of $28,000 from capital non‑recurring (line 20501‑57639) to the Board of Finance to fund a state‑mandated revaluation for the 2026 grand list. The request, introduced as the Assessor's item, specifically includes valuation work for the Millstone Nuclear Power Plant.

"This year we are required to complete a state‑mandated revaluation of all property for the 2026 grand list," the assessor said, explaining the town has used Federal Appraisal for revaluations and appeals. The assessor asked the board to approve a bid waiver, describing Federal Appraisal as "essentially a sole source provider with unique expertise in valuation of nuclear power plants."

Selectmen asked whether Mr. Mark Pomichwick of Federal Appraisal would be personally involved; Pomichwick confirmed he had worked with the town before. One member said he is generally "not a big fan of bid waivers" and encouraged seeking competitive bids when feasible. After discussion, the board approved forwarding the appropriation as requested.

The board did not adopt new procurement policy on the spot; members framed the vote narrowly as action on this appropriation and the accompanying request to forward it to the Board of Finance.