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Public Sector Asset Valuation Services

As the nation’s leading provider of asset valuation services for more than 15 years, MAXIMUS is a trusted partner of the National Association of Counties (NACo). A premier provider of insurance appraisal services, capital asset infrastructure valuation, state-of-the-art asset management software solutions, and public right-of-way services, MAXIMUS many clients include counties, cities, schools, universities, and states.

MAXIMUS has successfully provided property appraisals and inventory services to more than 5,000 government agencies across the United States, its territories, and Europe. MAXIMUS is committed to providing the highest quality services while delivering professional, independent, accurate, and supportable valuation solutions.

Real & Personal Property Insurance Appraisals

With our proven expertise and experience, MAXIMUS is uniquely qualified to provide property appraisals to achieve the goal of accurate insurance placement and to act as a system for proof-of-loss substantiation in the event of a catastrophe. MAXIMUS unparalleled combination of valuation consultants and state-of the-art technology offers innovative, customized, and cost effective services for initial and long-term benefits associated with property insurance and risk management. MAXIMUS insurance appraisal services include, but are not limited to, the following:

• Insurable Values (Replacement and Reproduction Cost New)
• Certified Appraisal Reports for Underwriting, Proof-of-Loss Substantiation, and Disaster Assistance Documentation
• Customized Risk Pool Appraisal Programs
• Equipment/Contents Appraisals
• Classification of Flood Zones
• Recording of GPS Coordinates

Inventory & Valuation of Capital Assets & Infrastructure

MAXIMUS has tremendous capabilities and expertise to support government in accomplishing the challenges faced in meeting the financial reporting requirements of GASB Statement 34. Our services include:

• Physical inventory (both initial and future) of capital assets and barcode tagging of machinery and equipment to assist with stewardship issue
• Development of original or historical costs of fixed assets and infrastructure to meet the requirements of GASB, GAAP, and state mandates
• Establishment of “useful lives” and the development of depreciation schedules for financial reporting
• Establishment of a flexible perpetuation system that can be maintained in-house or outsourced Web-Based Property Management System

AssetMAXX™ Web-Based Property Management System

AssetMAXX™ is the most comprehensive and flexible asset management tool available for capital asset and real property tracking. This system incorporates all of the necessary capital asset tracking and reporting tools into an easy to use web-based package. Additionally, AssetMAXX™ allows for tracking and updating of real property for insurance reporting and placement purposes. A few of its many features include:

• Fast, reliable, and easy access to data
• Secure authentication, data encryption, and user log for accountability
• Supports unlimited number of users
• GASB 34/35 compliant features and reports
• Standard and ad hoc reporting features
• Multiple depreciation records and capitalization levels
• Tracks maintenance and repair histories
• Digital photo interface
• Handheld computer interface (for adding new assets and conducting scanned re-inventories)
• Data import and export capabilities (MS Excel & Comma Delimited Formats)

Public Right-of-Way Services

MAXIMUS staff have unparalleled experience in the development of right-of-way management strategies and organization structures, developing right-of-way compensation methodologies, providing franchise fee development and negotiation, utility assistance, permit automation services, and utility tax/franchise fee compliance audit services to the public sector. Benefits to our government clients include:

• Increased future revenues from new and existing franchise agreements and ordinances
• Multiple new revenue sources by establishing a framework for fees
• Increased collections by collecting currently underpaid franchise fee and utility taxes
• Enhanced quality of support information provided with franchise fee and utility tax payments
• Enhanced telecommunications capabilities