Document background
The Valuation Engagement Letter is a crucial document used in New Zealand business practice to formally establish the professional relationship between a valuation service provider and their client. It is typically used when a business, individual, or organization requires a formal valuation for purposes such as financial reporting, transaction advisory, litigation support, or regulatory compliance. The document ensures clarity in scope, methodology, and deliverables while adhering to New Zealand legal requirements and international valuation standards. This engagement letter serves as the foundational agreement that protects both parties' interests and sets clear expectations for the valuation process, including timelines, fees, and specific requirements for information access and confidentiality.
