Valuation of School Assets

Is your school adequately insured?

Did you know that in the last 3 years building costs have risen by up to 103%[1]

rhas has over 100 years experience in managing asset valuations and is the only valuations firm in New Zealand to guarantee the value of your assets for 6 years based on their unique 6 year Valuation Cover.

6 year school insurance cover:

Through advanced computer modelling we can value all school assets at a sliding reduced rate!

Our 6 year guaranteed asset valuation model called Valuation Cover means we ensure your valuation is current for the stated period with updates taking place on a regular basis included in the service.

Valuation Cover is a unique service from rhas which provides peace of mind through a guaranteed annual valuation of assets for a pre-agreed annual fee ensuring that your asset register is updated annually, that you have adequate insurance cover at all times and compliance with accounting rules for your accounts.

Valuation Cover offers 4 significant benefits:

1. Certainty of Cost[2] – a fixed price for the term of the contract in today’s dollars
2. Cash Flow averaging – the cost of a fully detailed valuation is many times the cost of a review. rhas will average this cost over the life of the contract. Typically the cash flow saving in the year of valuation is around 60%!
3. Your asset register is updated annually. 
4. Peace of mind – you know that you are adequately insured and you know that your public accounts do not misrepresent the value of your assets in accordance with Australian Accounting Standards.

rhas is the only asset management company to issue 6 year certified valuation certificates for the assets of your school no matter how big or how small.

Did you know...

Most schools in New Zealand have out of date valuations that misrepresent the true value of their assets exposing schools to increased financial insurance risks and often outlaying excessive and unnecessary premiums?