Roads & transport
- Roads, bridges and footpaths
- Drainage networks
- Road and park furniture
- Railways, airports, ports and marine assets
Infrastructure & public sector
Infrastructure and council asset valuations
Fair value revaluations of roads, water, sewer, stormwater, energy and community assets for councils and public sector entities across Australia and New Zealand.
Or call AU +61 452 301 974 NZ +64 21 920 951
What we value
Public sector and infrastructure assets we value
Networks, facilities and the plant and equipment that runs them.
Water & wastewater
- Sewage treatment plants and pipe networks
- Sewer pump stations
- Stormwater pump stations and networks
- Irrigation systems, dams and levees
Energy & telecommunications
- Power stations and solar farms
- Wind and geothermal plants
- Transmission lines, substations and gas pipelines
- Cell towers, fibre and communication networks
Community & plant
- Hospitals and healthcare facilities
- Schools, universities and community centres
- Furniture and equipment
- Council plant and equipment fleets
Financial reporting
Revaluations to the right standard
Most infrastructure is valued at fair value under the cost approach, because these assets are rarely sold. The standards differ by jurisdiction and sector.
| Where | Property, plant & equipment | Fair value measurement |
|---|---|---|
| Australia | AASB 116 | AASB 13 |
| New Zealand public benefit entities | PBE IPSAS 17 | — |
| International (for-profit) | IAS 16 | IFRS 13 |
| International public sector | IPSAS 45 | — |
Every revaluation complies with the International Valuation Standards. Unsure how often to revalue or how to record the result? Read our guide to the IAS 16 revaluation model.
Methodology
How we value infrastructure
A structured cost-approach valuation, built on your asset register and an inspection of the assets.
Reconcile the register
We reconcile your asset register with inspection data to produce the valuation asset register.
Replacement cost
We research current replacement costs for modern equivalent assets, including installation and other on-costs.
Lives & condition
We research total and remaining useful lives and residual values, informed by the condition observed.
Obsolescence & DRC
We quantify physical, technical and economic obsolescence to arrive at depreciated replacement cost. How DRC works.
Better data
Revaluation and asset register in one pass
The same inspection can verify and update your register, and tag assets so the next revaluation starts from better data.
Under AASB 116 and IAS 16, often enough that the carrying amount does not differ materially from fair value. Assets with volatile values may need annual revaluation; others may only need revaluing every three to five years. Many public sector bodies also follow a set cycle under their own sector requirements.
Usually the cost approach, measured as depreciated replacement cost, because infrastructure networks are rarely bought and sold. Market evidence is used where it exists, for example for land and some plant.
Yes. Reconciling your asset register with inspection data to produce the valuation asset register is a standard step in our process.
Yes. We value public sector plant and equipment alongside infrastructure networks and facilities.
Get started
Request a valuation quote
Tell us what needs valuing and why. We'll agree the scope with you and send a proposal covering scope, fees and deliverables.
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New Zealand +64 21 920 951
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Email [email protected]