Our machinery and equipment valuation services encompass a broad spectrum of analysis. The general scope of our review includes the following:
- Project planning will determine the scope of work, overall timing and scheduling, optimal timing of the site visits and discuss the quantity and format of the deliverables.
- Identification of machinery and equipment
- Completion of equipment listings at the facilities including a review of the system process flow, specifications, maintenance records and other production capacity information.
- A review of current manufacturer’s price lists, price quotations and price catalogues to determine the current cost of a new item of the same or similar function.
- A review and analysis of the equipment’s age, physical condition, size and/or capacity of machines along with the degree of functional obsolescence present, if any and as required.
- Research and review of comparable equipment sales that have transacted in the marketplace, if any.
- Develop the opinion of value by the appropriate valuation approach(s): the three traditional valuation approaches are cost approach, direct comparison (market) approach and income approach.
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A review of the gathered data and analysis to assess market value of machinery and equipment (or insurable value).
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