Kangaroo Island Council
Buildings, Structures and Improvements Valuation
Details
Description
Kangaroo Island Council is seeking services for the Revaluation of Non Current Assets for financial reporting purposes in accordance with Australian Accounting Standard AASB116 Property Plant and Equipment
The categories of Assets that Council requests quotes for valuation are:-
- Land Fair Value
- Easements Fair Value
- Buildings Replacement Cost
Written Down Value
Projected Insurance Value
Removal of Debris - Structures Replacement Cost
Written Down Value
Projected Insurance Value
Removal of Debris - Improvements Replacement Cost
Written Down Value
Projected Insurance Value
Removal of Debris
For assets for which there is no market-based evidence existing to determine fair value, a replacement cost approach is to be used to estimate fair value.
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Key details
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- SA Tenders and Contracts
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