FJS Concludes Valuation of Blues Housing Project for Police Cooperative Society

FJS has concluded valuation of Blues Housing Project, a housing initiative, which consists of construction and development of apartment complexes at Hulhumale’ for the personnel of Maldives Police Service.

Awarded on 4^th April 2021 by the Police Cooperative Society, the valuation was conducted in order to determine the fair value of the present stage of construction along with the value of material available at site and the cost to complete the project.

Additionally, a review of the recorded work in progress was carried out to assess and report on the validity and accuracy of the total work-in-progress value recorded in the books as at the reporting date.