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Quotable Value

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Quotable Value Limited
Company typeState owned enterprise
Gegründet2005
HauptsitzWellington, New Zealand
Key people
Kay McKelvie(Chair)
Bill Osborne(CEO)
ProdukteProperty information and valuation services
Website[1]

Quotable Value Limited (QV) is a state-owned enterprise of the New Zealand government. Its main commercial operations are the provision of valuation and other property-related information services.

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 Rates (tax) 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, general property valuation and the provision of property information services [4]. It operates under the QVV, QVR, Darroch and QV Online brands in New Zealand, and Egan and QVA brands in Australia.

Official Website

https://www.qv.co.nz/

References