Quotable Value

Quotable Value Limited (QV) is a state-owned enterprise of the New Zealand government. Its main commercial operations are the provision of full market valuations.

Quotable Value Limited

Company type	State owned enterprise
Founded	2005
Headquarters	Wellington, New Zealand
Key people	Jacquie Barker (Chief Executive) David Nagel (Chief Operating Officer)
Products	Property information and valuation services
Website	www.qv.co.nz

History

QV was originally established as a Crown-owned company on 1 July 1998 as Quotable Value New Zealand Limited.^[1][2][3] It was formed out of a former government department, Valuation New Zealand.

The original department's main role was the establishment of land values for local authority rating purposes. As part of reforms associated with its corporatisation, local authorities were permitted to choose their own valuers, requiring QV to compete.^[4]

QV became a state-owned enterprise in January 2005 and continues in government ownership.^[3]

Services

QV's main services include:^[5]

• the provision of local authorities property valuations for rating purposes
• general property valuation services

QV operates under the QVV, QVR, Darroch and QV Online brands in New Zealand, and uses the Egan and QVA brands in Australia.