Tender Details
Formation of a Panel to provide Property Valuation Services:
Tenders are sought from organisations that possess the necessary skills and capabilities to perform a range of valuation exercises. The valuations will be used for the purposes of preparing financial statements, rent reviews, general financial analyses of asset performance, insurance purposes, acquisition purposes, divestment purposes, and to support strategic and asset planning by Government
As part of carrying out its functions, the Authority requires property valuations for a range of uses including:
• General purpose financial reporting
• Insurance purposes
• Acquisitions and disposals
• Rental assessments / lease negotiations
• Analysis and Portfolio Management
• Compensation under the NSW Land Acquisition (Just Terms Compensation) Act 1989: pre- acquisition valuations and post acquisition statutory determinations
• GST Margin Scheme assessments
• Business valuations
The Authority has issued this tender with the intention of establishing a panel of valuation firms to provide property valuation services.