{"id":12413,"date":"2010-10-20T20:18:24","date_gmt":"2010-10-21T00:18:24","guid":{"rendered":"https:\/\/www.certitrek.com\/nebb\/the-dangers-of-not-getting-a-certified-machinery-and-equipment-appraisal\/"},"modified":"2022-12-29T06:32:01","modified_gmt":"2022-12-29T11:32:01","slug":"the-dangers-of-not-getting-a-certified-machinery-and-equipment-appraisal","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-dangers-of-not-getting-a-certified-machinery-and-equipment-appraisal\/","title":{"rendered":"The Dangers of Not Getting a Certified Machinery and Equipment Appraisal"},"content":{"rendered":"
A recent story out of Wisconsin illustrates the importance of equipment appraisal.<\/p>\n
Two small Wisconsin towns \u2013 Vernon and Big Bend \u2013 have used a shared fire department for years. But now each town will be getting its own fire department, so the machinery and equipment had to be divided between the two new entities.<\/p>\n
Instead of having the machinery and equipment appraisals<\/a> done by a Certified Machinery and Equipment Appraiser (CMEA<\/a>), it was performed by the town supervisor, who kept the appraisals low so that both communities could get equipment at \u201creasonable prices.\u201d None of this would have been a huge deal \u2013 except that there was a clerical error made in the bidding process.<\/p>\n Now Big Bend has the lion\u2019s share of the equipment, and to add insult to injury, Vernon has no idea how much of a loss they incurred because of the non-professional appraisal that was done. It\u2019s estimated that the loss is somewhere around $180,000, but who can know for sure?<\/p>\n Always have a CMEA perform an equipment appraisal. A Certified Machinery and Equipment Appraisal is defensible, irrefutable, and substantiated.<\/p>\n