MTS Journal

News from ASA’s Machinery and Technical Specialties Committee.

Important information and updates from MTS Discipline Governors.

A special note from the Editor of ASA’s MTS Journal.

This article will present a view of the Expansion Phase from which the biodiesel industry has recently benefited and of the process machinery and equipment utilized by the industry in the US.

We are taught to consider all three approaches to value: the Sales Comparison, Cost and Income Approaches, but with new bundled procedure codes (CPT), each approach is being impacted by what is being reimbursed for the diagnostic procedure.

This article concludes a three-part series explaining the Value Adjustment Board (VAB) process and considerations made by the Special Magistrate hearing these cases.

Actual Cash Value (“ACV”) is an insurance concept to compensate a property owner for value lost as the result of a covered peril. Depreciation is a diminution of value, but what causes it? For insurance valuations, age appears to be a dominant factor.

Retail propane companies may need their equipment appraised for collateral lending situations, buy-sell agreements, family law, estate tax or several other situations.

This article discusses issues related to the application of the three approaches to value when valuing a complex property such as a cogeneration plant.