Xyst was engaged by the Western Bay of Plenty District Council to determine the replacement values for its Parks and Coastal Assets. This project involved contacting suppliers of Parks and Reserves assets to identify market trends. Further research and adjustments were made using data from previous valuations, current projects, the Business Price Index (BPI), and the Consumer Price Index (CPI) to ensure accurate replacement values were given. The project also provided several recommendations to the Council to enhance its asset register and ensure future valuations are precise.
Asset Management
Having accurate information about assets allows you to make practical, workable decisions about maintaining and developing community spaces
