CONTRACTAPPROVED

Borough of Somerset Awards Professional Services Contract to Industrial Appraisals (March 2026)

Borough of Somerset logoBorough of Somerset
Disclosed value
Approximate cost of $28,970.00 (General Fund $6,980.00; Water & Sewer Funds $21,990.00)
From minutes
Approved
Mar 23, 2026

The 30-second brief

What it covers

Somerset Borough Council approved hiring Industrial Appraisals to conduct a comprehensive valuation of Borough assets for approximately $28,970. The work will update insurance coverage values and support financial statement reporting and future financing needs.

Who holds it

Industrial Appraisals holds this professional services contract with Borough of Somerset. Its other public contracts on record include work for Greenwood Lake Public Library and Village of East Hampton.

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Contract details

Contract type
Professional Services
Amount
Approximate cost of $28,970.00 (General Fund $6,980.00; Water & Sewer Funds $21,990.00)
Document date
March 23, 2026
Source document
Borough of Somerset Council Meeting Minutes March 2026 (Minutes)

Industrial Appraisals's other public contracts

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Questions about this contract

Who was awarded the professional services contract by Borough of Somerset?

Industrial Appraisals was awarded this professional services contract by Borough of Somerset, as recorded on March 23, 2026. The contract value is Approximate cost of $28,970.00 (General Fund $6,980.00; Water & Sewer Funds $21,990.00).

How much is the Industrial Appraisals contract with Borough of Somerset worth?

The Industrial Appraisals contract with Borough of Somerset is valued at Approximate cost of $28,970.00 (General Fund $6,980.00; Water & Sewer Funds $21,990.00), covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Borough of Somerset Council Meeting Minutes March 2026 (Minutes), dated March 23, 2026 from Borough of Somerset. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Industrial Appraisals hold?

Industrial Appraisals may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Borough of Somerset currently buying?

Explore Borough of Somerset's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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