Professional Standards & Independent Conduct

Capital Equipment Advisors operates under defined standards of independence, documentation, and professional responsibility.

Advisory and valuation work is structured, scoped in writing, and delivered with clear assumptions and defined limitations.

Our role is analysis and documentation, not promotion or transaction pressure.

INDEPENDENCE

Capital Equipment Advisors does not:

• Manufacture equipment

• Maintain inventory

• Represent dealers or manufacturers

• Operate under sales quotas

Engagements are advisory in nature and fee-based unless otherwise defined in writing.

Objectivity is foundational to our work.

APPRAISAL FRAMEWORK

Where valuation services are provided, appraisal methodology may be informed by principles outlined in:

The Uniform Standards of Professional Appraisal Practice (USPAP)

USPAP establishes recognized ethical and performance standards for appraisal practice in the United States.

When applicable to the assignment type and scope, reporting structure and documentation may be developed in alignment with these principles.

Capital Equipment Advisors provides machinery and equipment appraisal services only and does not perform real property appraisal.

PROFESSIONAL AFFILIATIONS

Capital Equipment Advisors maintains membership in professional and technical organizations including:

• American Welding Society (AWS)

• ASME

• American Society for Nondestructive Testing (ASNT)

• National Defense Industrial Association (NDIA)

• NEBB

Membership in these organizations supports continued professional development and awareness of industry standards.

Membership does not constitute endorsement, certification, or oversight by these organizations.

ETHICAL CONDUCT

Engagements are conducted with:

• Defined scope

• Transparent assumptions

• Documented methodology

• Clear communication of limitations

All conclusions are based on information available at the time of analysis.

Capital Equipment Co does not provide legal, tax, or investment advice.

CLOSING STATEMENT

Independent evaluation requires discipline, restraint, and clear documentation.

These principles guide all work performed by Capital Equipment Advisors.