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Awarded contract

Valuation Services for Cultural Assets Awarded to CBRE Valuations by Department of People, Sport and Culture

About

The Department of People, Sport and Culture awarded a contract to CBRE Valuations Pty Limited for valuation services of the Agency’s non-financial cultural assets for financial reporting purposes.

The contract spans 60 months, establishing a rolling five-year valuation program to comply with Australian Accounting Standards, Treasurer’s Directions, and relevant cultural asset valuation frameworks.

Insight

This contract reflects the specialized need for independent valuation of public sector cultural assets, a niche area where firms like CBRE with expertise in both property and cultural asset valuation are typically engaged.

Value
$415,125.00
State
NT
Category
Consultancy & Legal

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