Tenders Are Invited For Eoi - Bsc Revaulation Of Asset Groups in Australia

Work Detail

2. Scope Of Workthe Scope Of The Revaluation Services Includes, But Is Not Limited To, The Following Tasks For Each Asset Group:2.1 Land And Buildings• Valuation Of All Council-Owned Or Controlled Land And Buildings, Including Community Centres, Public Amenities And Community Land.• Application Of Appropriate Valuation Methodologies Based On The Asset Type And Usage2.2 Other Structures And Stormwater• Valuation Of Other Public Structures Such As Parks, Recreational Facilities, Stormwater Drainage, And Flood Prevention Infrastructure.2.3 Transport• Revaluation Of Roads, Bridges, Aerodromes And Other Transport Infrastructure.• Assessment Of Current Condition, Serviceability, And Valuation, Fair Value, Construction Costs, And Market Conditions.2.4 Water And Sewer Assets• Revaluation Of Water Distribution And Treatment Infrastructure, Including Pipelines, Reservoirs, And Treatment Plants.• Revaluation Of Sewerage Systems, Including Treatment Plants, Pipes, And Lift Stations.2.5 Rolling Revaluation Process• Council Will Require A Comprehensive Valuation, Including Onsite Physical Inspection, On Each Asset Class On A Rolling Annual Basis, With Desktop Valuations Provided In Alternate Years Over The Contracted 5-Year Period2.6 Reporting & Documentation• Provide Detailed Reports For Each Asset Class, Including Statement Of Methodology• Ensure All Valuations Meet Relevant Australian Accounting Standards (Aasb116 Property Plant And Equipment And Aasb13 Fair Value Measurement And Aasb 2022-10) And Other Legislative Requirements.

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