• Agriculture
  • Aircraft
  • Automotive
  • Biotech
  • Bottling & Canning
  • Catering
  • Chemical Processing
  • Civil Engineering
  • Communications
  • Construction
  • Dairies
  • Brewing & Distilling  
  • Earthmoving
  • Electronics
  • Fabrication
  • Film Production
  • Foundries
  • Healthcare
  • Hotels
  • HVAC
  • Machine Tooling
  • Manufacturing
  • Marine Equipment
  • Materials Handling
  • Mechanical Engineering
  • Metal Fabrication
  • Mining
  • Packaging
  • Pharmaceuticals
  • Plant Hire
  • Plastics
  • Printing
  • Processing Plants
  • Recycling
  • Restaurants
  • Retail
  • Security
  • Shipping
  • Steel
  • Textiles
  • Transportation
  • Vending
  • Warehousing

We employ a systematic valuation process which ensures your assets are independently valued in compliance with the Uniform Standard of Professional Appraisal Practice* (USPAP), the highest international valuation standard. The outcome is a certified, independent and defensible valuation which can withstand the scrutiny of lending institutions, potential buyers, the courts, revenue commissioners, business partners and all other interested stakeholders.

Irish Machinery Valuations 5-Step Certified Valuation Process

Discovery

We need to understand the reason for the valuation (see list of common reasons on the services page) and to review a list of the equipment to be appraised. The purpose of this step is to identify the purpose and scope of the valuation.

On the right side of this page are examples of machinery and equipment we can value.  Assignments can range from an individual piece of equipment to an entire facility with hundreds of pieces of machinery and equipment.

Proposal

We present the client with an engagement letter based on the purpose and scope of the valuation.  The engagement letter also provides an overview of the valuation process we will employ. A machinery and equipment valuation may utilise different valuation approaches such as Fair Market Value, Orderly Liquidation Value, Forced Liquidation Value or Salvage Value.

There are two types of machinery and equipment valuation which can be performed, a site inspection valuation or a desktop valuation.  The type of valuation chosen is determined primarily by the purpose for the valuation and the availability of information on the equipment being valued.

The assignment fee is based on the type of valuation being performed, the type of machinery and equipment being valued and the number of pieces being valued. The engagement letter clearly delineates all aspects of the valuation, sets a valuation date and states the fee for the assignment.  50% of the assignment fee is payable upon the client signing the engagement letter with the balance payable on delivery of the valuation report.

Appraisal

Once the valuation approach and valuation type are agreed upon, the valuation process can begin.  We utilise data collection forms, photographs (taken by us or the client depending on the type of valuation being performed) and interview personnel familiar with the assets being appraised.

Written Report

We produce a USPAP* compliant valuation report detailing the process employed, the research undertaken, the valuation methodology chosen and our conclusion of value.

Delivery

The Certified Machinery & Equipment Valuation Report is delivered in person by author to the client. The balance of the assignment fee is due upon delivery of the report.

* The Uniform Standards of Professional Appraisal Practice are developed by "The Appraisal Standards Board" of the "Appraisal Foundation Trust".