In times of economic uncertainty, local clients seek out professionals with special knowledge and experience who can help them make difficult investment and pricing decisions. Here, the competitive edge for REV-PME valuers lies in their guaranteed minimum level of education and experience and the capacity to interpret global and local valuation impacts that comes from demonstrated familiarity with European Plant, Machinery & Equipment Valuation Standards.
REV-PME status is the mark of excellence in plant, machinery and equipment valuation, demonstrating to international and local clients that the valuer is qualified to a consistent high European standard of practice.
The letters ‘REV-PME’ enable cross-border investors to identify local valuers qualified to a recognisable European level. This gives both large and small local valuation firms the opportunity to tap into the steadily increasing market for pan-European investor clients.
In times of economic uncertainty, local clients seek out professionals with special knowledge and experience who can help them make difficult investment and pricing decisions. Here, the competitive edge for REV-PME valuers lies in their guaranteed minimum level of education and experience and the capacity to interpret global and local valuation impacts that comes from demonstrated familiarity with European Business Valuation Standards.
REV-PME valuers display the initials ‘REV-PME’ after their name on their business cards, are provided with a numbered REV-PME impress stamp on their valuation reports and appear on the TEGOVA REV-PME online register consulted by clients and practitioners from all over Europe.
Application for REV-PME status is open to practising valuers who meet the required standards set by a TEGOVA Member Association that has been authorised to award REV-PME status (Awarding Member Association, AMA) by demonstrating that it has in place an effective quality system to ensure that individual applicants meet the necessary requirements.
The local AMA assesses the individual practising valuer in order to ascertain that the applicant meets the standards required by TEGOVA to use the designatory letters REV-PME (Recognised European Plant, Machinery & Equipment Valuer).
Once granted, the REV-PME designation can be used by a valuer for five years, after which the status can be renewed.
TEGOVA's 'Recognised European Business Valuer' Programme is run and maintained by the Board, assisted by a dedicated Auditing Committee and TEGOVA's Secretariat.
TEGOVA will approve an AMA (Awarding Member Association) as a competent body to process applications by the signature of an agreement with the AMA. It will then monitor the AMA.
The AMA is responsible for the administrative processing and monitoring of individual applications and the payment of certain complementary subscriptions and expenses to TEGOVA.
The main role of the REV-PME Auditing Committe is the assessment of candidate AMAs and the audit of existing AMAS.
For enquiries, please contact the Secretariat of TEGOVA.
A register of the REV-PME valuers is available. Please click link page hereafter.
Each Awarding Member Association has an intranet page.
The access to the page is limited to the person who has the authorisation given by the AMA.
The REV-PME valuers are automatically subscribed to the European Valuer journal. This Journal will provide expert analysis on European valuation developments and coverage of EU real estate policy initiatives.
The REV-PME designation and logo are registered trademarks of TEGOVA.
REV-PME Programme Brochure
