condition appraisal

condition appraisal

An estimate of the value of an asset based largely on an inspection of its current physical condition.
References in periodicals archive ?
Contract Awarded for condition appraisal of bridges
This Procurement Process Shall Result In The Appointment Of An External Independent And Expert Team To Perform Condition Appraisals Of The Assets Within The Luas Asset Portfolio, (Such As Track, Depots, Structures, Car Parks, Power Systems Etc.