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For immediate release: November 20, 2006 MDA's Valuation Information To Assist New York State Property AssessmentsRichmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that its subsidiary Marshall & Swift/Boeckh (MSB) has won a US$970,000 5-year contract from the New York State Office of Real Property Services (NYORPS) to upgrade their building cost information for the State's 57 counties. Assessors across the State use this information as one of the tools in the process of determining property values for taxation purposes. This contract is part of the State of New York's initiative to apply industry's best practices to the property valuation process and support local governments in their pursuit of real property tax equity. James Dunne, Research Director of NYORPS stated: "By working at the State level with an industry leader in the cost valuation field, the assessment community will see tremendous savings and improved quality over what localities could purchase individually". Peter Wells, President of MSB said, "This is an important state-wide contract won by the Government Services business unit of MSB. We look forward to working with the Office of Real Property Services in serving the local governments and taxpayers of New York State."
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Related Websites: For more information, please contact: Wendy Keyzer External Relations MDA Telephone: 604-231-2743 E-mail: wendy@mdacorporation.com |