Display Tender ATN339877 

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Advance Tender Notice – Valuer General Victoria Valuation Calculation System

Tender Number: 339877

Purpose of this Notice:

Valuer-General Victoria (VGV), Australia, is planning to procure a replacement calculation system.  The opportunity to tender for this work will be provided via an Expression of Interest (EOI).  The EOI is expected to be issued in mid-November 2018 via open tender.

Background

Valuer-General Victoria (VGV) is the valuation authority for the State of Victoria.   VGV operates from within Land Use Victoria, a division of the Department of Environment, Land, Water & Planning (DELWP).

VGV is the state’s independent authority on property valuations.  The Valuation of Land Act 1960 (the Act) establishes the process for the administration of rating and taxing valuations in Victoria. Changes made to the Act in December 2017, made fundamental changes to the way statutory valuations are completed in Victoria, including:

• the Valuer-General becoming the default valuation authority with the power to cause a general valuation to be made, (ie. statutory valuations are now centralised with the Valuer-General); and
• a general valuation is to be returned annually (previously they were returned biennially).

In the 2018 general valuation cycle, a total of 2,903,855 properties were assessed across the 79 Councils in Victoria.  The number of property assessments per municipal council ranged from 3,103 to 118,861.

Context

The valuation system enables the calculation, storage and maintenance of all statutory valuations in accordance with the Act and the VBPSG (attached). The requirements of the valuation system include the ability to support property valuation methodologies, calculations and a suite of statistical, mapping and data reporting.  The system is to be available to Valuer-General, its contract valuers, councils (municipalities) and collection agencies.

Up-to-date and accurate rating authority valuations (RAV) across the state are critical to ensure equity in rating and other tax determinations.

The Opportunity

In summary, the solution will deliver:

• Concurrent repository and calculation of Centralised Annualised Statutory Valuations
• Concurrent repository and calculation of Supplementary and Objection valuations and reporting
• Innovation and improvements to the delivery of annual valuations, including potential for automated valuation model running in parallel (for suburban properties)
• Ability to audit valuations in the system, freeing up valuers’ time for value-add activities
• Automated mapping of valuations that is configurable
• Availability of online forms (rental questionnaires, objection forms, VCAT appeals)
• Speed of use and accessibility from mobile devices
• Compliance and adaptable to relevant Legislation, regulations, guidelines, and industry practice
• an innovative solution, with a roadmap to take it into the future.

VGV are looking have this service in place from 1 December 2019 for a duration of five years and is aiming to award the contract to a vendor by March 2019.