PROFESSIONAL ASSET VALUATIONS

CLEAR ASSET VALUES. CONFIDENT BUSINESS DECISIONS.

 SCAPS provides structured plant, machinery and vehicle valuations for insurance, financial, commercial and operational requirements.

Valuations are conducted and signed by Jock Allison, supported by more than 12 years of practical industry experience.

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VALUATION SERVICES

ACCURATE VALUATIONS TAILORED TO THE PURPOSE

SCAPS provides professional valuations for individual assets, specialised equipment, commercial fleets and complete operational asset portfolios.

Every assignment is structured according to the valuation purpose, asset category, location, information available, required basis of value and reporting requirements.

Services are available across South Africa and selected African markets through desktop valuations and physical on-site inspections.

TAILORED VALUATION SOLUTIONS

Valuation Services and Purposes

Valuations tailored to the asset, purpose and required basis of value, supporting insurance, financial, commercial and operational decisions.

Insurance valuations assist in establishing an appropriate replacement value for plant, machinery and vehicles.

This can help reduce the risk of under-insurance and support more accurate premium and claim-related assessments. Any insured amount or claim settlement remains subject to the applicable policy terms and conditions.

Market value reflects the estimated open-market or cash value of an asset.

It may support decisions relating to insurance, sale, finance, claims and commercial transactions.

Replacement cost valuations consider the current cost of replacing an existing asset with a modern equivalent offering comparable capacity, function and utility.

New Replacement Value represents the estimated cost of replacing an asset with a new equivalent.

For Plant All Risks policies, an appropriate New Replacement Value may help reduce exposure to underinsurance and average penalties in the event of a claim.

Valuations may support:

  • Asset-register verification
  • Internal reporting
  • Business restructuring
  • Mergers and acquisitions
  • Capital-expenditure planning
  • Asset replacement planning
  • Operational decision-making

Accounting and tax treatment remain the responsibility of the client and its appointed professional advisers.

ASSET COVERAGE

Asset Categories

01.

YELLOW PLANT & MACHINERY

SCAPS provides valuations for a comprehensive range of heavy plant and machinery, including earthmoving equipment, construction machinery, mining equipment, lifting and handling systems, generators, compressors, pumps, specialised industrial assets, and related attachments and accessories.
02.

HEAVY COMMERCIAL VEHICLES

Our valuation services cover a wide range of heavy commercial vehicles, including truck tractors, rigid and tipper trucks, tankers, concrete mixers, recovery vehicles, low-bed, flat-deck, side-tipper and refrigerated trailers, supporting insurance, finance and fleet management requirements.
03.

MEDIUM & LIGHT COMMERCIAL VEHICLES

SCAPS provides valuations for medium and light commercial vehicles, including delivery trucks, service vehicles, personnel transport vehicles, municipal fleets, bakkies, panel vans, minibuses and other fleet and maintenance vehicles across various industries.
04.

PASSENGER & SPECIALISED VEHICLES

Our valuation expertise extends to passenger vehicles, SUVs, executive and company fleet vehicles, off-road vehicles, modified vehicles and other specialised vehicles, delivering accurate market-based valuations for a variety of commercial and insurance purposes.
FLEXIBLE ASSESSMENT

Desktop Valuations

A desktop valuation is completed using the information, photographs and documents supplied by the client.

The reliability of the valuation depends on the quality, accuracy and completeness of the information provided.

Typical information includes:
  • Asset description and location
  • Make, model and year
  • Serial, chassis, VIN or registration numbers
  • Operating hours or kilometres
  • Recent photographs from multiple angles
  • Purchase information
  • Technical specifications
  • Current condition
  • Damage and modification details
PHYSICAL ASSESSMENT

On-Site Inspections

n on-site inspection allows SCAPS to identify, photograph and assess the visible condition and key details of each asset.

The inspection may include:
  • Confirming asset identity
  • Recording make and model information
  • Capturing serial and registration details
  • Reviewing visible physical condition
  • Recording operating hours or kilometres
  • Identifying accessories and modifications
  • Photographing damage or deterioration
  • Recording the apparent operational status

A valuation inspection is not a mechanical inspection, engineering certification, roadworthy assessment, structural certification, safety audit or guarantee of future performance.

COMPREHENSIVE REPORTING

Valuation Report Deliverables

SCAPS delivers professionally structured valuation reports tailored to the assignment requirements. Reports typically include the valuation purpose, scope of work, basis of value, asset schedules, detailed asset descriptions, supporting photographs, valuation methodologies, market research, condition assessments, depreciation considerations, individual and category values, together with all relevant declarations, assumptions and supporting appendices.

NEED CLARITY ON THE VALUE OF YOUR ASSETS?

Request a structured valuation for plant, machinery, commercial vehicles, fleets or specialised equipment.