VALUATION

A chemical facility is damaged in an explosion and consequent fire. Up goes a replacement facility, but the replacement facility is not the same. It may even be reconstructed for an entirely different process. Or, perhaps the facility is not to be reconstructed at all.

This scenario and many others point to a need for an independent repair estimate of a loss. Here is where having both engineering and project management experience makes a difference.

Valuation involves many tasks:

  • Providing a preliminary estimate (loss reserve)
  • Assessing and segregating damage (damage assessment)
  • Developing cost comparisons
  • Researching the means for expediting the repair
  • Determining actual cash value/replacement cost

For a variety of commercial and industrial applications:

  • Buildings and building systems
  • Production, transmission, gas distribution
  • Power generation/distribution
  • Utilities
  • Mining
  • Processing of metals and non-metals
  • Manufacturing
  • Petroleum
  • Fires and textiles
  • Wood products and paper making
  • Chemical and pharmaceuticals
  • Agriculture
  • Food and beverage
  • And others