The Plant and Machinery Valuers Institute (PMVI) guides the professional activity of the Infrastructure, Plant and
Machinery Valuation profession in New Zealand and is the primary body providing education, advocacy and professional standards.
Plant and Machinery Valuers participate in providing asset (non-real property) valuations for banks, financial institutions, insurers, local and central government, private business, stakeholders and the general public.
The PMVI community has been serving members since the 1980’s and is committed to the growth and development of the industry both locally and internationally.
A Registered Plant and Machinery Valuer is an asset valuer (non real-property) who has been registered and recognised by the Property Institute of New Zealand as an expert in their field of practice. Depending on their area of expertise, not all Valuers are eligible be to become Registered PMVI Valuers
Registered Plant and Machinery Valuers are qualified to provide independent infrastructure, plant and equipment valuation, advice for fixed assets including:
- mobile plant industrial equipment,
- fixed assets within the manufacturing, processing and tourism industries,
- airports & ports,
- local body and other reticulation assets.
Other areas of specialisation including aviation, marine and all aspects of heavy machinery.
Services Offered by Registered PMVI Valuers
A registered PMVI Valuer can be engaged when:
- Business mergers, acquisitions or dissolution involving assets
- Financing or refinancing assets
- Making asset acquisition decisions
- Reviewing asset values for financial reporting or tax assessments
- Assessing capital gains
- Assessing insurance value(s) for renewal
- Making a claim for insurance purposes – resulting from natural disasters or other events
- Valuing property for matrimonial purposes, arbitration or other litigious matters
Many Registered PMVI Valuers also offer specialised skills including:
- Arbitration and negotiation
- Expert testimony and litigation support
- Cost-benefit analysis
- Feasibility studies
- Market analysis and market rent studies
- Asset/portfolio management
- Business valuation
- Pre-accident assessment of value