Machinery and Equipment Appraisal
Cambridge Partners has appraised equipment regionally, nationally
and internationally for Fortune 100 companies as well as small and
middle-market firms and privately-held businesses. For nearly
years we have been appraising all types of equipment, machinery
and other personal property. We have appraised billions of dollars
worth of personal property assets.
As Cambridge Partners is not involved in the auction or reselling
of personal property, these machinery and equipment appraisals
are free of any bias or self-interest. Our work adheres to the Uniform
Standards of Professional Appraisal Practice (USPAP).
Appraisals of personal property are performed
in order to determine:
- Allocation values in financial transactions,
- To determine the level of adequate insurance coverage
or the extent of loss,
- To assist in estate tax settlements,
- To aid in personal property tax appeals, or for
other financial reasons.
Cambridge Partners confer with the client in
order to establish the premise of value: value-in-exchange,
value-in-use, orderly liquidation value, or forced liquidation value.
the amount that the personal property
is worth in the marketplace considering adaptability, standard equipment
demand, all forms of obsolescence, and other causes and effects.
the amount that the personal property is worth to the user and may
be based on the items’ capability of producing a product or
part of a product as a measured percentage of profit.
Orderly liquidation value: the
amount of gross proceeds which could be expected from the sale of
assets held under orderly conditions given a period of time in which
to find a purchaser(s) considering a complete sale of all assets,
as is, where is, and all sales made free and clear of all liens
Forced liquidation value: the estimated
gross dollar amount which could be realized at a properly conducted
public auction held under forced conditions and under present day
A personal property appraisal report should contain a letter of
transmittal, an identification of the property being appraised,
a stated purpose for the appraisal, a definition of the premise
of value, a description of the machinery and equipment that is being
appraised, a determination of highest and best use, a determination
of value, a final estimate of value, a certification, and a detailed
inventory of the machinery and equipment that is being appraised.
If you would like additional assistance or would like to discuss a potential
machinery/equipment valuation, please contact Cambridge
Partners & Associates for an initial evaluation consultation.
Whether it’s bearings or fiber optic cable, packaged meats
or ice cream, twist drills or surgical instruments, we have appraised
the equipment employed in manufacturing these products.