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e-Valuation

CESS launch e-valuation service        

What: E-valuation is a prelude to on-site inspection or more detailed due diligence which offers equipment owners and buyers a range of values on actual (or "virtual") items of plant.

How: E-valuations are arrived at by comparing the selected or virtual items of power plant with:

  • Likely cost of replacement or new equipment.
  • Price of similar equipment already on the market.
  • Recent selling prices for equivalent or similar plant sold.

Valuations also take account of the extent of potentially competing equipment known to the available.

Why:

  • E-valuations will allow owners and investment recovery managers a chance to review and set realistic target prices on available equipment.
  • E-valuations allow buyers, insurers and/or finance companies the opportunity to check that they are paying (or being asked to pay) realistic and justifiable prices for the equipment.

When:
E-valuations are usually undertaken within 24 - 48 hours provided sufficient and accurate data is delivered by e-mail from the client.

Where: Most e-valuations are carried out at CESS's head office on receipt of information. In cases where insufficient data or images are not already acquired, CESS offer local inspection and data preparation by one of their local agents, contract engineers or shareholders (look to map) who presently number 37 in 27 countries.

Who: E-valuations are usually undertaken by our in-house team of engineers and appraisers, unless specific experience of other processes or specialised equipment is deemed necessary.

Cost: Typical valuations would range in cost from UK £2,000 (US $4,000) - UK £10,000 (US $20,000), depending on the extent of information provided and purpose of the appraisal.

Payment: For existing or pre-approved clients e-valuations are payable on receipt of draft report. For others a 50% advance-payment is usually requested.

Last Updated (Tuesday, 10 January 2012 09:26)

 

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