Balranald Shire Council (BSC) invites Expressions of Interest (EOI) from suitably qualified and experienced Valuation firms to undertake a physical revaluation of a broad range of infrastructure and assets, including:

• Land (Operational & Community)

• Buildings (specialised and non-specialised),

• Other Structures

• Transport assets (Roads, Bridges, Culverts, Footpaths, Kerb & Gutter, Aerodromes)

• Stormwater Drainage

• Water Supply

• Sewer Services

over a 5-year rolling period. The purpose of this revaluation is to ensure that all asset classes are appropriately comprehensively valued in line with current market conditions, accounting standards, and legislative requirements.

Balranald Shire Council is located in the south-western district of NSW, approximately 850km southwest from Sydney and 450km north of Melbourne. It covers an area of 21,699 square kilometres, therefore physical inspection to revalue assets will be a time-consuming task.

Background information / Compatibility requirements

Interested parties should provide the following information:

• A brief company profile, including expertise and experience in asset revaluation services, particularly for local government entities.

• Details of the team and qualifications of the individuals who will be involved in the revaluation process.

• A summary of the methodology to be used for the revaluation of each asset category.

• A proposed timeline for the completion of each asset class, and the overall 5-year rolling period.

• Council requires that comprehensive revaluation should be undertaken no later than 31 March, each year with draft reports provided by 30 April.

• Details of any relevant experience with similar projects, particularly with local government clients.

• A general fee structure and estimated costs for the revaluation of all asset categories over the 5-year rolling period.