The Contractor's Basis of valuation for rating purposes, 2nd edition
This guidance note is intended to be applicable for Contractor’s Basis rating valuations effective from 1 April 2017 and thereafter. The purpose of this guidance note is to aid the understanding of the Contractor’s Basis for the general rating practitioner while providing a common framework of the basis for the more experienced practitioner.
- scope and application;
- the approach to valuation;
- stages of the valuation approach;
- material change of circumstances.
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