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1 – 1 of 1Examines the evolution of the Contractor′s basis of valuation forrating, the valuation framework currently adopted and the definitionsthat have emerged from litigation; considers…
Abstract
Examines the evolution of the Contractor′s basis of valuation for rating, the valuation framework currently adopted and the definitions that have emerged from litigation; considers the need for a review of the elements of the valuation framework in the light of recent economic changes and a more accurate approach to quantification. Discusses a possible solution proposed by the Government within the context of England and Wales and also in the light of the Contractor′s Principle in Scotland.
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