|
Our professional staff welcomes the opportunity to meet with
potential clients and their advisors to discuss their valuation needs.
During initial discussion, BVA valuation professional(s)
will ascertain the scope of the valuation services to be performed and provide a fee quote and an estimated time frame for
completion of the project. Most valuation engagements are structured on a fixed fee basis, however billing based on standard
hourly rates are used when the full scope of the engagement is not determinable at the outset.
BVA shall prepare an
engagement letter setting forth the parties' understanding regarding the analysis to be performed, purpose, fees, timing,
and form of documentation required. The formal engagement begins with BVA’s receipt of an executed engagement letter and
retainer deposit.
Upon commencement of the engagement, BVA will provide the client with a preliminary list of information
requirements. BVA, when possible, will conduct on-site due diligence, including interviews with management and a tour of
the facilities. Throughout the project, the BVA valuation team will be in close contact with the client.
Upon completion
of its analysis, BVA will report its findings through any of a variety of mediums, oral appraisal report, expert testimony,
letter form written appraisal report, or formal written appraisal report. The client is given the opportunity to provide feedback
and clarify any factual issues during the finalization of the project.
The valuation team is always available to defend
its work should this become necessary. Our staff has experience in being deposed, negotiating, as well as testifying in front
of state and local courts.
|