Reports contain detailed Photographs (with serial/identity numbers) of all Certified Capital Equipment Items as well as inclusive lists of Electronic Support Items, Furniture & Fittings Items and Shop Support & Associated Items if applicable.
A typical Fully Certified Appraisal Report would contain the following items:
1 Letter of transmittal
2
Summary of Salient Facts
3
Scope of Work
5
Degree to Which the Property is Inspected or Identified
7
Extent of Research Into Physical or Economic
Factors That Could Affect Property
7
Extent of Data Research
8
Depth of Onsite Inspection
8
Highest and Best Use
8
Intended User(s)
9
Confidentiality and Privacy
9
Overall Condition of Equipment
9
Intended Use
9
Property Interest Appraised
9
Statement of Limiting Conditions - Tangible Assets
10
Definitions of Condition
16
Fair Market Value Definition
17
Machinery and Equipment Definitions
18
Special Purpose Definitions
19
Methods of Evaluation
20
Cost Approach Analysis
20
The Market Data Approach
20
The Income Approach
21
Sources Contacted
21
Additional Considerations
22
Title of Appraised Equipment
22
Measurable Marketplace
22
Market Conditions
22
Estimated Marketing Time
22
Assumptions and Hypothetical Conditions
22
Capital Equipment
23
Shop Support and Peripheral Items
24
Furniture, Fixtures and Equipment
25
Electronic Support Items
26
Final Value Summary and Reconciliation
27
Appraiser's Certificate
28
Non-Discrimination
28
Re-Certification
28
Appraiser's Certificate
29
A D D E N D A
31
Additional Definitions and Terms From USPAP
32
PHOTO ADDENDA
36
Detailed "Online" Desktop Appraisal Reports are now available. Click here for details
Accurate and well substantiated appraisals
All ACE-A appraisers are accredited and have been awarded the CMEA designation indicating their competence in Machinery & Equipment appraisals and their adherence and compliance with the ethics and Uniform Standards of Professional Appraisal Practice (USPAP).
Plant and Equipment appraisal assignments are undertaken as per Client requests and can be documented to the following 'Windows of Value".
Fair Market Value (For Sale/Merger/Loan Security or 'Going Concern' Financial Reporting).
Replacement/Reinstatement of Indemnity for Insurance purposes.
Orderly Liquidated Value.
Forced Liquidated Value.
Full Appraisal Reports are prepared as Special Purpose Reports under USPAP guidelines and are presented with a Letter of Transmittal incorporated in a bound hard copy volume.
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Reports contain detailed Photographs (with serial/identity numbers) of all Certified Capital Equipment Items as well as inclusive lists of Electronic Support Items, Furniture & Fittings Items and Shop Support & Associated Items if applicable.