CERTIFIED MACHINERY & EQUIPMENT APPRAISER

Independent Machinery & Equipment Appraisal Services

Business Valuation Advisors provides independent machinery and equipment appraisals for business owners, lenders, attorneys, CPAs, and transaction advisors. Led by Joshua Himan, CVA®, BCA®, CMEA®, we analyze machinery, production equipment, construction equipment, vehicles, and other tangible business assets using market evidence, replacement cost, asset condition, depreciation, and obsolescence.

Our engagements can address Fair Market Value (FMV), Orderly Liquidation Value (OLV), Forced Liquidation Value (FLV), and other applicable definitions of value based on the assignment's purpose and requirements.

  • Certified Machinery & Equipment Appraiser (CMEA®)
  • FMV, Orderly Liquidation Value & Forced Liquidation Value
  • Appraisals for Financing, Transactions, Litigation & Tax Matters

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Machinery & Equipment We Appraise

Representative Asset Classes and the Factors That Influence Their Value

Business Valuation Advisors provides independent appraisals of machinery, vehicles, industrial equipment, commercial fixtures, and specialized tangible business assets across a wide range of industries.

Our appraisals consider equipment condition, remaining economic utility, relevant market evidence, and the appropriate definition of value. The following categories illustrate the types of business assets BVA evaluates.

Industrial factory

01 / MANUFACTURING

Manufacturing & Industrial Machinery

CNC machines, machining centers, presses, injection molding equipment, fabrication machinery, packaging systems, and industrial automation assets.

Valuation considerations: Specifications, condition, productive capacity, comparable sales, replacement cost, and obsolescence.

Agricultural tractor

02 / HEAVY EQUIPMENT

Construction, Agricultural & Heavy Equipment

Excavators, bulldozers, loaders, cranes, forklifts, aerial lifts, tractors, harvesters, and related construction or agricultural machinery.

Valuation considerations: Manufacturer, model, operating hours, attachments, maintenance, condition, and auction evidence.

Commercial truck

03 / TRANSPORTATION

Commercial Trucks & Fleet Vehicles

Commercial trucks, road tractors, trailers, box trucks, delivery vehicles, service fleets, and other business transportation assets.

Valuation considerations: Mileage, model year, engine hours, mechanical condition, fleet composition, and resale market evidence.

Laboratory microscope

04 / MEDICAL & TECHNICAL

Medical, Laboratory & Technical Equipment

Medical, laboratory, diagnostic, and specialized technical equipment with potentially significant technological or functional obsolescence.

Valuation considerations: Technology, serviceability, software compatibility, remaining useful life, and secondary-market demand.

Restaurant equipment

05 / COMMERCIAL FF&E

Restaurant, Hospitality & Commercial FF&E

Commercial kitchen equipment, refrigeration, laundry machinery, restaurant fixtures, retail fixtures, warehouse equipment, and other FF&E.

Valuation considerations: Condition, resale markets, continued-use assumptions, removal requirements, and movable versus installed assets.

Industrial gears

06 / PRODUCTION SYSTEMS

Specialized Production Lines & Installed Systems

Custom-built machinery, integrated production lines, conveyors, processing systems, and specialized industrial installations.

Valuation considerations: Replacement cost, functional utility, installation or removal, technological change, and remaining economic life.

BVA APPRAISAL SCOPE

 The Equipment Category Alone Does Not Determine Its Value 

Each assignment considers the intended use, applicable definition of value, asset condition, location, installation or removal assumptions, and available market evidence. These factors guide the selection of appraisal methods and the development of supportable conclusions.

Representative equipment categories only. Inspection requirements, technical expertise, reporting scope, and relevant valuation assumptions are established for each engagement.

UNDERSTANDING EQUIPMENT VALUE

Fair Market Value vs. Orderly & Forced Liquidation Value

  • Fair Market Value (FMV)

    Fair Market Value represents the price at which property would exchange between knowledgeable, willing parties, neither under compulsion to transact, as of a specified date. For machinery and equipment, the appraisal must also address whether the assets are valued installed, removed, or under an applicable continued-use assumption. Common applications: Business transactions, certain tax matters, ownership disputes, and asset valuations requiring FMV.

  • Orderly Liquidation Value (OLV)

    A compelled sale with reasonable time to find buyers. Orderly Liquidation Value estimates the gross proceeds obtainable when the seller must dispose of the equipment but has a reasonable period to advertise, market, and complete the sale. The assets are generally considered on an as-is, where-is basis. The available marketing period, equipment marketability, and buyer responsibilities for removal materially influence the result. Common applications: Asset-based lending, collateral analysis, planned business closures, and restructuring scenarios.

  • Forced Liquidation Value (FLV)

    A compelled sale under urgent conditions. Forced Liquidation Value estimates the gross proceeds typically obtainable through a properly advertised public auction when the seller must sell with a sense of immediacy. The shortened disposition period may limit market exposure and competitive bidding. Assets are generally assumed to sell as-is, where-is, subject to the specific auction and transaction conditions. Common applications: Distressed dispositions, accelerated business closures, secured-creditor recovery analysis, and certain bankruptcy matters.


How BVA Determines Machinery & Equipment Value

Cost, Market & Income Approaches Supported by Asset-Specific Evidence

Business Valuation Advisors evaluates machinery and equipment using the Cost Approach, Market Approach, and Income Approach when appropriate to the assignment. Each method offers a different perspective on value and requires supporting asset-specific evidence.

The selection and reconciliation of valuation methods depend on the equipment's characteristics, available market information, applicable definition of value, and intended use of the appraisal.

BVA APPRAISAL METHODOLOGY

The Definition of Value and Valuation Method Are Different Decisions

Fair Market Value, Orderly Liquidation Value, and Forced Liquidation Value describe different value definitions or sale premises. The Cost, Market, and Income Approaches are analytical methods that may be used, as appropriate, to develop a conclusion under the selected value basis.

01

COST APPROACH

Replacement Cost Less Depreciation

What would it cost to obtain equivalent equipment utility today, adjusted for applicable depreciation and obsolescence?

How the Approach Works

The Cost Approach estimates the current cost of obtaining an asset of equivalent utility, adjusted for physical deterioration, functional obsolescence, and external economic obsolescence. Where consistent with the value premise, transportation, engineering, installation, and related costs may also be considered.

EVIDENCE BVA REVIEWS

Replacement-cost quotations, manufacturer specifications, equipment condition, maintenance history, age, utility, and obsolescence evidence.

PARTICULARLY USEFUL FOR

Custom-built machinery, specialized manufacturing systems, installed equipment, and assets with limited comparable transaction evidence.

02

MARKET APPROACH

Comparable Equipment Transactions

What have buyers paid for comparable equipment under relevant market and transaction conditions?

How the Approach Works

The Market Approach evaluates observable sales involving comparable equipment. BVA analyzes differences in age, operating hours, condition, manufacturer, specifications, capacity, configuration, location, accessories, and transaction terms to determine the relevance of available market evidence.

EVIDENCE BVA REVIEWS

Completed equipment sales, dealer transactions, auction results, market listings, and comparable-equipment characteristics.

PARTICULARLY USEFUL FOR

Machinery, vehicles, construction equipment, and other assets with active secondary markets and sufficiently comparable transactions.

Important distinction: Advertised asking prices do not necessarily represent completed transactions. BVA considers the reliability of each observation and the relevant sale conditions before applying market evidence to a value conclusion.

03

INCOME APPROACH

Equipment-Attributable Economic Benefits

What economic benefits can reasonably be attributed to the specific equipment or asset group?

How the Approach Works

The Income Approach estimates value from future income, cost savings, or other economic benefits attributable to the equipment. Where supportable, BVA may use discounted cash flow or capitalization methods, considering operating costs, maintenance, replacement investment, remaining economic life, and asset-specific risks.

EVIDENCE BVA REVIEWS

Asset-specific production economics, incremental revenue or savings, operating expenses, useful life, reinvestment, and risk assumptions.

PARTICULARLY USEFUL FOR

Specialized income-producing equipment or defined asset groups where the attributable economic benefits can be reasonably isolated.

Important distinction: The Income Approach should not attribute total business earnings to machinery when a portion of those earnings depends on working capital, customer relationships, employees, goodwill, or other business assets.

BVA INDEPENDENT APPRAISAL RECONCILIATION

 The Most Relevant Evidence Drives the Final Value Conclusion 

Not every assignment requires all three approaches. BVA evaluates the applicability and reliability of available evidence and reconciles appropriate value indications in light of the equipment, definition of value, intended use, and significant assignment assumptions.

Applicable Methods

Select approaches that are relevant to the assets and value premise.

Evidence Quality

Evaluate the reliability of market, cost, and economic-benefit information.

Value Reconciliation

Explain the selected conclusion and material assumptions.

The specific appraisal methodology, scope of inspection, reliance on third-party information, and reporting requirements are established for each engagement. The selected value definition and premise must remain consistent throughout the analysis.

One CNC Machine. Three Different Value Conclusions.

How the Definition of Value, Sale Conditions & Liquidation Costs Affect Equipment Appraisals

The same piece of machinery can produce different value conclusions depending on the applicable definition of value, conditions of sale, marketing period, and assumptions concerning removal and transfer.

Consider a fictional 2020 CNC machining center in serviceable operating condition. The machine's specifications, physical condition, and location remain unchanged throughout this example. The difference in value arises from the economic circumstances under which the equipment would be sold.

COMMON VALUATION ASSUMPTIONS

Same CNC Machine. Same Condition. Different Sale Premises.

Each scenario assumes the equipment remains at the same manufacturing facility and the purchaser is responsible for disconnection, rigging, and removal. The conclusions therefore exclude an additional installed-equipment premium. The marketing conditions and seller circumstances differ between scenarios.

BVA EQUIPMENT APPRAISAL EXHIBIT 01

Three Gross Value Indications

FAIR MARKET VALUE

$250,000

FMV — Removed

Assumes a hypothetical voluntary transaction between informed, willing parties, without compulsion, and with appropriate market exposure.

SALE PREMISE

Normal market exposure; no forced liquidation.

ORDERLY LIQUIDATION VALUE

$195,000

OLV — Removed

Assumes an orderly disposal process within a more constrained marketing period, reflecting the circumstances of a seller liquidating the equipment.

SALE PREMISE

Orderly disposal with limited market exposure.

FORCED LIQUIDATION VALUE

$130,000

FLV — Removed

Assumes an accelerated, compelled sale with substantially restricted marketing time and fewer opportunities to identify qualified purchasers.

SALE PREMISE

Compelled, accelerated disposal.

BVA EQUIPMENT APPRAISAL EXHIBIT 02

 How Gross Value Changes with Sale Conditions 

FMV — Removed $250,000

OLV — Removed $195,000

FLV — Removed $130,000

Illustrative Relationship to FMV

OLV is 78% of the illustrative FMV conclusion, while FLV is 52%. These ratios are descriptive results of this hypothetical example—not standardized liquidation discounts, prescribed appraisal percentages, or independently supported estimates for other equipment.

BVA EQUIPMENT APPRAISAL EXHIBIT 03

 Gross Orderly Liquidation Value to Estimated Net Recovery 

A lender or secured creditor may need to understand estimated net realizable proceeds, rather than relying solely on the equipment's gross liquidation value. The following calculation assumes $18,000 in hypothetical selling and disposition expenses.

Gross Orderly Liquidation Value — Removed $195,000
Less assumed selling and disposition expenses ($18,000)
Estimated Net Orderly Liquidation Proceeds $177,000

NET RECOVERY FORMULA

$195,000 - $18,000 = $177,000

The $18,000 represents a single hypothetical allowance for selling and disposition costs, not a market-derived fee estimate. The buyer is assumed to bear disconnection, rigging, and removal under each value premise. Additional claims, costs, or transaction circumstances may affect the actual amount realized by a secured creditor.

BVA APPRAISAL INTERPRETATION

The Definition of Value Must Match the Assignment's Intended Use

An equipment appraisal supporting a negotiated business acquisition may require a different value basis than an appraisal used for secured-lending collateral analysis, liquidation planning, or creditor recovery. BVA establishes the applicable definition of value, location and condition assumptions, sale conditions, marketing period, removal responsibilities, and relevant market evidence before developing the value conclusion.

Important Appraisal Qualifications

The three gross value indications and estimated net recovery are fictional educational assumptions. They do not represent verified comparable-equipment transactions, a completed machinery appraisal, standardized liquidation ratios, or a recommendation to apply fixed percentage discounts to Fair Market Value. Actual conclusions require evaluation of the equipment, market evidence, applicable value definitions, and assignment-specific conditions.

How are these conclusions developed? The following section explains how BVA evaluates machinery and equipment using market transactions, replacement cost and depreciation, and equipment-attributable economic benefits when appropriate.

APPRAISAL PROCESS & QUALITY CONTROL

From Equipment Records to a Supportable Value Conclusion

BVA follows an assignment-specific appraisal process designed to identify the assets, evaluate relevant evidence, and develop a documented value conclusion appropriate to the intended use.

1. Asset Identification & Condition

Review equipment schedules, make, model, serial numbers, configuration, age, condition, maintenance history, photographs, and available inspection evidence.

2. Market & Replacement Cost Research

Evaluate comparable equipment transactions, auction and dealer evidence, manufacturer specifications, replacement costs, and relevant market conditions.

3. Depreciation & Obsolescence Analysis

Analyze physical deterioration, functional obsolescence, technological changes, remaining economic life, and adverse external economic factors while avoiding double-counting.

4. Reconciliation & Appraisal Reporting

Evaluate the reliability of the applicable approaches, reconcile supported value indications, and document the valuation date, assumptions, procedures, limitations, and conclusions.

The extent of inspection, research, and reporting depends on the equipment, intended use, available information, and requirements of the engagement.

INDEPENDENT EQUIPMENT APPRAISAL REPORTING
What You Receive in a Machinery & Equipment Appraisal
Written Appraisal Report

A professionally prepared report identifies the subject assets, valuation date, intended use and users, applicable definition of value, inspection procedures, valuation methodology, significant assumptions, and conclusions.

The reporting format and level of detail are established according to the assignment and applicable professional standards.

Equipment Inventory & Value Schedules

Where supported by the assignment, BVA prepares or reconciles asset schedules identifying equipment by description, manufacturer, model, serial number, location, or other available identifying characteristics.

Depending on the scope, value conclusions may be presented for individual assets, equipment categories, or defined asset groups.

Supporting Valuation Analysis

The appraisal documents relevant market and cost evidence, selected valuation approaches, adjustments for physical deterioration and obsolescence, and the reasoning supporting the value conclusion.

Comparable transactions, replacement-cost analysis, and other supporting information are presented to the extent necessary and appropriate for the assignment.

Independent Conclusions & Certification

The completed appraisal communicates the value conclusion, significant assumptions, scope limitations, and applicable appraiser certification.

BVA maintains professional independence and develops conclusions based on the evidence and methodology appropriate to the engagement, rather than a predetermined target value.

Does Machinery & Equipment Need to Be Physically Inspected?

Document-Based Appraisals, Physical Inspections & Assignment-Specific Requirements

Not every machinery and equipment appraisal requires a physical inspection. The appropriate procedures depend on the assets being valued, their condition and complexity, the reliability of available documentation, and the requirements of the intended users.

Business Valuation Advisors evaluates the available evidence and assignment requirements before determining whether a document-based appraisal is appropriate or additional physical inspection procedures are necessary.

BVA INSPECTION STANDARD

The Objective Is Sufficient, Reliable Evidence — Not an Automatic Inspection Requirement.

Inspection scope is established according to the appraisal's intended use, required level of reliability, available asset information, applicable professional standards, and any lender, legal, or contractual requirements. Material assumptions and limitations are documented in the report.

BVA EQUIPMENT APPRAISAL PROCEDURES

Two Approaches to Establishing Equipment Characteristics

01

DOCUMENTATION-BASED REVIEW

Appraisal Without a Personal Physical Inspection

For appropriately scoped assignments, reliable equipment schedules, photographs, video, technical specifications, maintenance records, and other supporting evidence may provide sufficient information to develop a credible appraisal without a personal physical inspection.

DOCUMENTATION REVIEW

Equipment identification, photographs, manufacturer data, age, condition descriptions, service history, operating specifications, and available market evidence.

Appropriate when: The available evidence is sufficiently reliable for the assignment and no applicable requirement makes an on-site physical inspection necessary.

02

PHYSICAL ASSET VERIFICATION

Physical Inspection When Appropriate

An on-site inspection may be warranted when equipment identity, physical condition, configuration, installation, operating characteristics, or other material features cannot be adequately established using available documentation.

PHYSICAL REVIEW PROCEDURES

Asset identification, visible condition, configuration, installed components, location, accessibility, and other relevant physical characteristics.

Appropriate when: The evidence is incomplete, asset characteristics materially influence value, or the lender, client, or applicable requirements call for inspection.

BVA APPRAISAL SCOPE ASSESSMENT

 What Determines the Appropriate Inspection Scope? 

01 / ASSET COMPLEXITY

Specialized machinery, integrated systems, equipment condition, and technical characteristics.

02 / AVAILABLE EVIDENCE

Completeness and reliability of equipment inventories, photographs, service records, and supporting information.

03 / INTENDED USE

Transaction, financing, litigation, tax, planning, collateral, or other assignment requirements.

04 / USER REQUIREMENTS

Lender requirements, governing agreements, reporting standards, and material assignment limitations.

INITIAL ENGAGEMENT REQUIREMENTS

What BVA Typically Needs to Begin

An initial appraisal review typically begins with a lean document request. BVA first seeks enough information to identify the equipment population, understand the assignment, and determine the appropriate appraisal scope.

Equipment Listing

Asset descriptions, manufacturer, model, quantities, and available serial numbers.

Condition & Location

Asset locations, available photographs, known operating condition, and maintenance history.

Valuation Assignment

Intended use, valuation date, required definition of value, and intended report users.

Special Requirements

Applicable lender, legal, contractual, or regulatory requirements and relevant deadlines.

IMPORTANT PROFESSIONAL DISTINCTION

An Appraisal Inspection Is Not a Mechanical or Engineering Certification

An equipment appraisal inspection does not automatically establish mechanical performance, certify safety, verify regulatory compliance, or provide an equipment warranty. Testing, engineering examinations, and other specialized inspections require an appropriately defined scope and qualified expertise.

BVA establishes the inspection approach and reporting scope before commencing the assignment. When information supplied by management or third parties is relied upon, the appraisal identifies the relevant sources, significant assumptions, procedures performed, and material limitations.

REPRESENTATIVE MACHINERY & EQUIPMENT APPRAISAL REPORT

See What a Machinery & Equipment Appraisal Report Includes

Review Business Valuation Advisors' representative machinery and equipment appraisal report, illustrating how equipment identification, market research, valuation methodologies, depreciation, and obsolescence are documented and analyzed.

Our illustrative Atlas Precision Fabrication example demonstrates Fair Market Value (FMV), Orderly Liquidation Value (OLV), and Forced Liquidation Value (FLV) across multiple categories of manufacturing equipment.

The report includes equipment inventories, Market and Cost Approach analyses, value reconciliations, liquidation recovery calculations, professional reporting disclosures, and supporting schedules.

This report uses a fictional company and hypothetical valuation inputs for educational purposes. It is not an issued, signed, or certified appraisal and should not be relied upon for lending, tax, litigation, or transaction decisions.

Download Sample Equipment Appraisal (PDF)

Professional Credentials Across the BVA Team

CERTIFIED MACHINERY & EQUIPMENT APPRAISAL EXPERTISE

Independent Equipment Appraisal Led by a Credentialed Valuation Professional

Business Valuation Advisors is led by Joshua Himan, CVA®, BCA®, CMEA®, FMVA®, a valuation professional with more than 15 years of experience analyzing privately held businesses, financial performance, business assets, and complex transactions.

Joshua holds the Certified Machinery & Equipment Appraiser (CMEA®) designation, providing specialized professional training in machinery and equipment valuation.

Specialized Training in Machinery & Equipment Appraisal

The CMEA designation is awarded through the NEBB Institute, whose certification requirements include specialized appraisal education, examination, appraisal-report peer review, and continuing education.

Combined with Joshua's business valuation, financial modeling, and transaction-advisory background, this expertise supports engagements where machinery and equipment represent a material component of a company's operating assets, collateral, or transaction value.

Independence, Documentation & Professional Judgment

BVA's approach emphasizes clearly defined assignments, appropriate valuation methodologies, relevant market evidence, documented assumptions, and independent professional judgment.

We evaluate the assignment's purpose, intended users, subject assets, relevant standards, and reporting requirements before establishing an appropriate appraisal scope.

When specialized asset characteristics require additional technical knowledge, BVA assesses whether supplementary expertise or procedures are necessary.

Our objective is to provide a documented appraisal conclusion that clients and their professional advisors can understand, evaluate, and use for the specific purpose identified in the engagement.

Joshua Himan's Credentials & Experience Client Reviews & Selected Engagements

Frequently Asked Questions About Machinery, Equipment & Asset Valuation
BVA can provide independent valuation of machinery, production equipment, construction equipment, vehicles, furniture, fixtures, specialized tools, and other tangible business assets. The scope may involve a single asset, a specific equipment category, or a broader operating asset population depending on the purpose of the assignment and the information available.
BVA considers the specific assets being valued together with factors such as make, model, age, condition, configuration, maintenance history, utilization, remaining economic life, replacement cost, market comparables, technological changes, and functional or economic obsolescence. Depending on the asset and assignment, the cost, market, and income approaches may be considered, with greater emphasis placed on the methods supported by the available evidence.
The information required depends on the scope and purpose of the appraisal, but common requests include an asset listing, make and model information, serial numbers, acquisition dates and costs, photographs, maintenance records, location, utilization, condition, and any available prior appraisals or equipment schedules. For specialized or high-value assets, BVA may also request technical specifications, installation details, production capacity, and information about recent upgrades or modifications.
Physical condition can materially affect value because it influences remaining useful life, maintenance requirements, operating reliability, marketability, and the cost a buyer may incur to place the asset into productive use. BVA considers observed or documented condition together with age, maintenance history, utilization, refurbishment, upgrades, and market evidence when estimating applicable depreciation and obsolescence.
Yes. BVA can provide independent machinery and equipment valuations for financing, refinancing, collateral analysis, lender review, and other credit-related purposes. The engagement can be scoped around the lender’s requirements and may address Fair Market Value, Orderly Liquidation Value, Forced Liquidation Value, or another defined premise of value depending on the financing purpose and intended use.
Yes. Specialized or custom-built equipment may require greater reliance on replacement cost, engineering or manufacturer information, functional utility, remaining economic life, and available market evidence for comparable or substitute assets. When direct comparables are limited, BVA documents the assumptions and analytical adjustments used to estimate value rather than implying a level of market precision that the available evidence does not support.
Timing depends on the number and complexity of the assets, quality of the asset records, whether a physical inspection is required, geographic dispersion, availability of market data, and the premise and purpose of value. Once the asset population and available documentation are reviewed, BVA can provide a realistic timeline for the specific assignment.
These are different premises of value and can produce materially different conclusions for the same assets. Fair Market Value generally assumes a transaction between willing and informed parties under normal market conditions. Orderly Liquidation Value typically assumes the assets are sold individually or in groups over a reasonable marketing period. Forced Liquidation Value generally assumes a significantly shorter sale period and greater compulsion to sell. BVA identifies the applicable premise of value based on the purpose and scope of the assignment.
Yes. BVA can provide machinery and equipment valuations for fair value, purchase accounting, impairment analysis, financial reporting, and other accounting-related purposes when an independent asset valuation is required. The appropriate premise and standard of value depend on the specific reporting objective and applicable accounting requirements.
A physical inspection may be appropriate depending on the assets, valuation purpose, available documentation, and required level of support. In some assignments, reliable asset schedules, photographs, maintenance records, videos, and management representations may provide sufficient information for the agreed scope. BVA determines the appropriate inspection procedures based on the nature of the assets and the intended use of the valuation.
Functional and technological obsolescence can reduce value when an asset is less efficient, less productive, more costly to operate, or no longer competitive with newer alternatives. BVA considers design limitations, excess capacity, changing production requirements, automation, software or control-system limitations, replacement technology, operating costs, and other factors that may reduce the utility or desirability of the asset relative to modern substitutes.
Yes. BVA can provide independent machinery and equipment valuation support for litigation, shareholder or partner disputes, divorce matters, damages analysis, ownership transitions, and other contested financial matters. Depending on the assignment, BVA may also assist with appraisal review, rebuttal analysis, asset schedules, and evaluation of the assumptions, market evidence, depreciation, and obsolescence reflected in another appraisal.
BVA develops machinery and equipment valuation engagements in accordance with the professional standards applicable to the assignment. The appraisal identifies the valuation date, subject assets, intended use and users, premise of value, information relied upon, procedures performed, assumptions, limitations, and conclusion so the analysis can be understood and evaluated by the relevant parties and advisors.
The first step is a confidential consultation to discuss the assets being valued, purpose of the appraisal, valuation date, intended users, applicable premise of value, timing, and information currently available. BVA can then determine the appropriate scope, identify any inspection or documentation requirements, and provide an engagement letter and focused asset-information request.

Discuss Your Machinery, Equipment & Asset Valuation

Whether you need machinery and equipment valuation for a transaction, financing, litigation, tax matter, ownership change, or planning purpose, BVA can help determine the appropriate appraisal scope, premise of value, and supporting procedures for an independent, well-supported conclusion of value.