Engineering CalculationChartered Engineer Valuation Certificate - Plant & Machinery
Prepare the calculations behind a Chartered Engineer's plant and machinery valuation certificate, and print a draft certificate.
Open the calculator →Formula
Works out present value of machinery from cost, age, life and condition
Related certificates: residual life and fitness, second-hand machinery import, installed capacity, capital cost, connected load
Worked example
Used by Chartered Engineers for bank, insurance, import and statutory purposes
Where engineers use it
- Bank loan and insurance valuation
- Second-hand machinery import
- Asset transfer and condemnation
How to use
- Click Open the calculator. It runs free in your browser, on desktop or phone.
- Enter your values. Units and typical ranges are shown next to each input.
- Read the result and the step-by-step working, then print or add it to your Project BOQ.
Questions
Who can sign these certificates?
The certificate must be signed by a qualified Chartered or Professional Engineer who has inspected the equipment. The tool helps with the calculations and draft.