Land and Asset Valuation

## NSW Government Land and Asset Valuation Panel Scheme (SCM7671) This is a whole-of-government scheme managed by the **Department of Planning, Housing and Infrastructure** for prequalified **Land and Asset Valuation** service providers. The scheme operates as a standing list from which government entities can source valuation services, covering both general and specialty requirements, including statutory and financial valuations. 🔑 **Key Scope & Deliverables:** Providers must be prepared to offer services across five broad capability groups: * **A) Area:** Geographical expertise matching specific NSW regions. * **B) Land Value Advisory and Objection:** Compliance with the *Valuation of Land Act 1916*, including heritage and extractive industry valuations. * **C) Compensation Recommendation of Determination:** Valuations compliant with the *Land Acquisition (Just Terms Compensation) Act 1991*, requiring court-defendable reports. * **D) Real Property and Asset Valuations:** Including financial reporting (TPP14-01) and Crown Land Management Act 2016 compliance. * **E) Acquisition Valuation Services:** For acquiring authorities, compliant with the *Land Acquisition (Just Terms Compensation) Act 1991*. 📋 **Requirements & Application:** The scheme is continuously open for applications, with a strong encouragement for **Small to Medium Businesses (SMEs)**, especially those in regional areas, to join. Applicants must demonstrate experience with nominated capabilities, which can be gained from both government and public sector work. Mandatory compliance includes the **NSW Supplier Code of Conduct** and the **NSW Government Procurement Policy Framework**. Specific capabilities (e.g., B04, B06, B12, D07, D10, E15) require mandatory physical report samples as evidence. 📅 **Timeline:** The scheme commenced on **November 19, 2019**, and is scheduled to close on **November 18, 2026**. **Keywords:** Land Valuation, Asset Valuation, Statutory Valuation, Financial Valuation, Property Services, NSW Government Procurement, Land Acquisition Compensation, Crown Land Valuation, SME Opportunities.