Public sector

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Capital asset valuation, management and used equipment sales for the public sector

Reduce risk, improve asset performance, reduce risk and increase return on investment

Public sectorFor the public sector who need to manage:

  • Increased demand for a wide range of asset intensive services
  • The regulators of many privatised utilities

As owners or operators of capital assets who need to:

  • Minimise asset costs but maximise performance
  • Effectively deliver a wide range of public sector services
  • Provide services in a transparent and efficient manner in a severely cost constrained environment

As a regulator who needs to:

  • Maintain a Regulated Asset Base (RAB) for financial capital maintenance across many industries and sectors

A comprehensive range of sector specific services including:

Take into account that public sector assets are:

  • Wide ranging from refuse collection vehicles to museum exhibits
  • Operated as owned, joint venture or leased assets
  • Material balance sheet assets

Why sector expertise matters in the public sector

Hickman Shearer’s experts understand the capital asset challenges associated with:

  • Balancing service delivery with capital expenditure
  • Maximising asset utilisation and performance
  • Retaining transparency and efficiency
  • Retaining accurate fixed asset records and information
  • Using book values to benchmark transactions

Asset valuation reports provide

  • Sector relevant expert advice
  • RICS regulated valuations
  • Evidence based market analysis
  • Relevant and robust recommendations and advice

Asset management services provide

  • Physical verification and electronic reconciliation of assets and systems
  • Asset tagging
  • Financial and operational asset integration systems
  • End-of-life asset strategies

‘Experience in other countries has shown that implementing financial reporting of asset values for infrastructure assets has a significant impact on how maintenance and renewal work is funded and utilised. This has generally resulted in an improvement in the maintenance of assets.’ Source: Department for Transport, Roads Liaison Group.

Equipment sales services provide

  • Pre-sale valuation
  • Global marketing and advertising
  • On-line auctions and negotiated sales
  • RICS compliant accounting and reporting

So that those in the public sector can:

  • Utilise valuations to respond to and resolve M&A, debt, financial, regulatory, tax, insurance and compulsory purchase issues
  • Improve asset performance and return on asset investment through improved asset management
  • Maximise the realisation of surplus or end-of-life assets

Your quality guarantee

Whatever your public sector asset valuation or asset management requirement, you can be assured that Hickman Shearer’s work is clear, unambiguous and is conducted under RICS and other asset management industry standard bases of value.

Have a question? Contact us and speak to our asset valuation, asset management and equipment sales experts to answer any questions you may have.

Get in touch

Need a plant, machinery or equipment valuation estimate right now?

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Need asset management services?

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Need advice about asset sales?

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Join the list of public sector clients that we have successfully assisted:

Central Laboratory Research Council, Government of Latvia, Rutherford Appleton Laboratories, University of Manchester, Westminster Kingsway College, World Bank

Relevant experience 1

Accounting and asset management advice for government research organisation

These engagements were performed by the Directors of Hickman Shearer in either their current or previous employment