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HomeMy WebLinkAboutThe Taylor Realty Group, P.C/ENG/$15,860/ 99th Street Path ASA #710/28/24 Page 1 of 2 REAL ESTATE SERVICES FEE SCHEDULE Right ofWayManagement Services Rightof WayManagement ServicesInclude: allprocesses, procedures, observations, dataentryintoLRS, andmanagementofallservicesneeded toclearthe rightofway, includingall ofthe necessaryactivitiesto certifytherightof waythathasto beacquiredtoclear theproject(s) forconstruction. Thisshall be completedinaccordancewithfederaland statelaw (includingbutnot limitedtoFederal HighwayAdministrationrules andregulations), thecurrentversion oftheINDOTReal EstateDivisionManual, andas contractedwithor otherwisedirectedbyINDOT.Thecurrent version of the INDOT Real Estate Manual is located at http://www.in.gov/indot/2493.htm. All services listed below shall be required within the Right of Way Services Management scope of work. Report Type Fee Rightof WayManagementservices fee 1,365 per parcel PublishingandPaymentforLegalNotice onparcels 545 perproject Valuation Services EarlyAssessment RealEstateCost EstimateIncludes: allprocesses, proceduresandobservations tocomplete aRealEstateCostEstimate assignment (includingbutnotlimited tocompletionof theINDOT RealEstate CostEstimateSpreadsheet) inaccordancewithfederalandstate law (including butnotlimitedto FederalHighwayAdministrationrulesand regulations), thecurrentversionof theINDOT RealEstateDivision Manual, andas contractedwithor otherwisedirected byINDOT. CompDockets Include: providingcomparable salesdata (includingbut not limitedtomarketdataresearchandrawsalesdata) orasotherwiserequestedby INDOTwithin thescopeofworkforNon- ReportServicesagreedupon atthetimeofassignment. WaiverValuationsInclude: allprocesses, proceduresandobservationstocompleteawaiver valuationreportinaccordance withfederalandstatelaw (includingbutnotlimited toFederalHighway Administrationrulesand regulations), thecurrent versionoftheINDOTRealEstateDivision Manual, andascontractedwithorotherwisedirected byINDOT. AppraisalReports Include: allprocesses, proceduresandobservations tocompleteanappraisalreportof thetype belowassignedby INDOTinaccordancewithfederal andstatelaw (including but notlimitedto FederalHighwayAdministrationrulesandregulations), the currentversionofthe INDOTReal Estate DivisionManual, andascontractedwith orotherwisedirectedbyINDOT.Appraisal feesaredefinedandpaidbased onINDOT parcelandnotcounty taxidentificationparcel. Non-Report Services Per Parcel Fee EarlyAssessment: Projects 50parcels $155 EarlyAssessment: Projects > 50parcels negotiated basedupon complexity CompDocket: Agricultural / ResidentialProperties: $285 CompDocket: Commercial / SpecializedProperties: $575 Report Type 755WaiverValuation: AnyProperty Type (Improved orUnimproved) 2,140ValueFinding: AnyPropertyType (Improved orUnimproved) 3,140ShortForm: AnyProperty Type (Improvedor Unimproved) 3,510ShortForm: Residential / Ag (with affectedimprovementsora totaltake) 4,900ShortForm: Commercial / Industrial / Multi-Family / Special / Billboard (with affectedimprovementsor atotaltake) 3,770LongForm: AnyPropertyType (Unimproved) 5,010LongForm: Residential / Ag (Improved) 12,535LongForm: Commercial / Industrial / Multi-Family / Special (Improved) 725ExcessLandAppraisal ThespecificReportTypeaboveis determinedbyINDOTReviewAppraisersortheirsupervisorsaftertheAppraisalProblemAnalysishasbeencompleted. Review Valuation Services AppraisalProblemAnalysis Includes: allprocesses, procedures andobservationstocomplete anAppraisalProblemAnalysisin accordancewithfederal andstate law (including butnotlimited to FederalHighway Administrationrulesand regulations), thecurrentversion oftheINDOTRealEstateDivisionManual, andas contractedwithor otherwise directedbyINDOT. ReviewofWaiverValuationand/orAppraisalReports Include: allprocesses, procedures andobservationstocompleteareview ofanappraisalreport orwaivervaluationreport inaccordance with federalandstatelaw (includingbutnotlimitedto FederalHighway Administrationrulesand regulations) thecurrentversion oftheINDOTRealEstateDivisionManual, andas contracted withor otherwisedirectedbyINDOT. Appraisal feesaredefined andpaid basedonINDOT parcelandnotcountytax identificationparcel. Per Parcel FeeReportType 285AppraisalProblemAnalysis (APA) 455WaiverValuation: AnyProperty Type (Improved orUnimproved) 1,080ValueFinding: AnyPropertyType (Improved orUnimproved) 1,505ShortForm: Any PropertyType (Improved orUnimproved) 1,700ShortForm: Residential / Ag (with affectedimprovementsora totaltake) 2,395ShortForm: Commercial / Industrial / Multi-Family / Special / Billboard (with affectedimprovementsor atotaltake) 1,795LongForm: AnyPropertyType (Unimproved) 2,375LongForm: Residential / Ag (Improved) LongForm: Commercial / Industrial / Multi-Family / Special (Improved) 5,775 Buying Services BuyingServices Include: allprocesses, procedures andobservationstocompletethe totalorpartialacquisitionofreal estate, theobtaining oftemporaryoraccessrights, orbuying reviewin accordancewithfederalandstatelaw (includingbutnot limitedtoFederalHighwayAdministration rulesand regulations), thecurrentversion oftheINDOT Real EstateDivision Manual,andas contractedwith orotherwisedirectedby INDOT. Report Type Per Parcel Fee 2,250Total/PartialAcquisition Temporary/AccessRights 1,875 MAP21 Offer - Total/PartialAcquisition 2,815 MAP21Offer - Temporary/Access Rights 2,440 Buying Review 375 Relocation Services RelocationServicesInclude: allprocesses, procedures andobservationstocompletetheactivitiesforrelocationofresidential orbusinessownersortenants, orrelocation ofpersonalproperty, or reviewofany suchrelocation activitiesinaccordancewithfederaland statelaw (includingbutnotlimitedtoFederalHighwayAdministrationrulesandregulations), thecurrentversion oftheINDOT RealEstate DivisionManual, andascontractedwith orotherwise directedby INDOT. Report Type Payment Schedule Per Relocation Fee Payments: 1/3Relo/Appraisalmeeting iscomplete, 1/390DayNoticeis issued, 1/3parcelisclosed $4,509ResidentialOwner / Tenant Payments: 1/3 Relo/Appraisalmeetingiscomplete, 1/3 90Day Noticeisissued, 1/3 parcelisclosedBusinessOwner / Tenant 4,509 Payments: 1/3 Relo/Appraisalmeetingiscomplete, 1/3 90Day Noticeisissued, 1/3parcel isclosedPersonalPropertyOnly 1,890 Residentialand Business 100% oncetheparcel iscompliantandclosed. 1,205Review Personal PropertyMove 460100% oncetheparcel iscompliantandclosed. OnlyReview Property Management Services PropertyManagementServices Include: allprocesses, procedures, observations, dataentryintoLRS, andmanagementofall servicesneededtocompletetheparcelÓsreadiness fordemolition. Thisshallbecompletedin accordancewithfederal andstatelaw (includingbutnotlimitedtoFederalHighwayAdministrationrulesand regulations), thecurrentversionofthe INDOTRealEstate DivisionManual, andascontractedwith orotherwise directedbyINDOT. Thecurrentversionof theINDOTReal EstateManualislocatedathttp://www.in.gov/indot/2493.htm. Allservices listedbelow shallberequiredwithinPropertyManagement Servicesscopeof work. Non-Report Services Per Parcel Fee Property Managementper parcelservicesfee $1,080 110PlacingRatBaitonstructure Placing AppropriateSigns onstructure $220 Boarding UpOpeningsonstructure AmountonWrittenEstimate ApprovedbyINDOT DebrisRemoval AmountonWrittenEstimate ApprovedbyINDOT Report Type Asbestos Samplingand Analysis AmountonWrittenEstimateApprovedby INDOT UtilityDisconnectionCoordination & Verification AmountonWrittenEstimateApprovedby INDOT Page 2 of 2 The above Fee Schedule will be effective for all new on-call real estate contract assignments (based on the date that Purchase Orders are issued) made on orafter January 1, 2024. The Fee Schedule for (a) project-specific contracts that include any land acquisition services, and (b) contracts entered into under ÐSmall Purchase ProceduresÑ pursuant to Section 3.3.1 of INDOTÓs Professional Services Contract Administration Manual will be in accordance with the payment terms in the contracts and be the Fee Schedule in place on the date the contract was approved by the Attorney General of Indiana. Any deviation in established fees from the above rules in this paragraph will require (and shall not be allowed without) written pre-approval from the Director or one of his or her Managers inINDOTÓs Real Estate Department. REVISED: 1/1/2024