How does the department assess value for HCJP proposals?

11 months ago
CLOSED: This discussion has concluded.

Land value is assessed by way of an independent market valuation. The value of construction is assessed by an independent quantity surveyor, who will consider project specifics, construction cost data from recent comparable developments and market sources. The land and construction assessments are carried out prior to the execution of contracts.

Expressions of interest closed on Monday, 23 September 2019. We want to thank everyone who submitted a proposal.