Unlock the value of essential infrastructure with a practical valuation guide .
This authoritative reference explains how engineers and appraisers determine the worth of public utilities and factories, balancing physical assets with intangible factors like franchises, good will, and going concern value. Clear methods for depreciation, amortization, and depreciation funds sit alongside guidance on capitalization, rate setting, and the impact of regulatory decisions.
What you’ll gain from this edition:
- Step-by-step approaches to estimating replacement cost, present value, and fair value.
- Techniques for handling depreciation and overheads, including typical tables and case insights.
- Discussion of licenses, franchises, development costs, and the role of court rulings in valuation.
- Guidance on applying valuation to rate-setting, bond issuance, and capitalization decisions.
Ideal for readers involved in utility regulation, property appraisal, or the financial planning of public works projects, who seek a comprehensive companion to court decisions and industry practice.