The Uniform Standards of Professional Appraisal Practice (USPAP) is the accepted standard for professional appraisal practice in North America. Many types of appraisal services including real estate, personal property, and business are supported by the USPAP. More information about USPAP can be found here.
A Certified Machinery & Equipment appraisal is an appraisal that conforms with USPAP and the standards of the National Equipment and Business Builders Institute. Flexible Manufacturing Systems, Inc. (FMS) will be providing Certified Machinery & Equipment Appraisal Services beginning approximately Fall of 2010.
Machinery appraisal services from FMS can be very valuable to a machinery purchaser and/or seller by reducing risk of exposure to increased cost and liability from unsubstantiated equipment appraisals.