Quotable Value Limited
| State owned enterprise | |
| Founded | 2005 |
| Headquarters | Wellington, New Zealand |
|
Key people
|
Kay McKelvie(Chair) Bill Osborne(CEO) |
| Products | Property information and valuation services |
| Website | www |
Quotable Value Limited (QV) is a state-owned enterprise of the New Zealand government. Its main commercial operations are the provision of full market valuations.
Contents
History
QV was originally established as a Crown-owned company on 1 July 1998 as Quotable Value New Zealand Limited.[1][2] It was formed out of the former government department, Valuation New Zealand.
The original government department's main role was the establishment of land values for local authority rating purposes. As part of the reforms associated with its corporatisation, local authorities were permitted to freely contract their valuation services [3] requiring QV to compete.
QV became a state-owned enterprise in January 2005 [2] and continues in government ownership.
Services
QV's main services are the provision of local authorities property valuations for rating purposes and general property valuation services.[4] It operates under the QVV, QVR, Darroch and QV Online brands in New Zealand, and Egan and QVA brands in Australia.
References
- ↑ http://www.scoop.co.nz/stories/BU9910/S00123.htm
- ↑ 2.0 2.1 http://www.ccmau.govt.nz/quotable-value.html
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Statement of Corporate Intent
