Andrew Badeaux, Associate / Senior Appraiser, ASA

Appraisal and Other Professional Experience

  1. Associate at Revpro and Associates with over 900 appraisals covering $4,000,000,000 completed since 2007.
  2. Previously, director of software development for University of New Orleans’ Medicaid Technical Services contract, with over fifty major business process and information technology projects over 12 years.
  3. Previously, software developer with Lewis Computer Services, with over 6 years equivalent business process analysis, government regulation interpretation, and in-depth technical design and implementation.

Major Types of Assets Appraised

  1. Construction equipment & vehicles
  2. Drilling equipment, oil, gas, water & service
  3. Environmental equipment & vehicles
  4. Farm machinery & equipment
  5. Industrial machines
  6. Medical equipment, hospitals, dentists' and physicians' practices
  7. Metal working machines & tools
  8. Household furnishings & belongings
  9. Office furniture, fixtures & equipment
  10. Printing & graphics equipment
  11. Production & manufacturing machines & equipment
  12. Restaurant equipment, food processing, breweries, etc
  13. Retail stock inventories
  14. Saw mills & finished wood production plants
  15. Transportation equipment, autos, buses, trucks & trailers
  16. Marine, pleasure craft and commercial
  17. Woodworking equipment
  18. Others

Value Concept Experience

  1. Fair Market Value (As Is-Where Is)
  2. Fair Market Value (As Used by Bankruptcy Courts)
  3. Fair Market Value (IRS)
  4. Fair Market Value (In Place-In Use)
  5. Fair Market Value (In Place-Not In Use)
  6. Orderly Liquidation Value (As Is-Where Is)
  7. Orderly Liquidation Value (In Place-In Use)
  8. Orderly Liquidation Value ( In Place-Not In Use)
  9. Immediate Liquidation Value
  10. Forced Liquidation Value
  11. Insurance Values
    1. Actual Cash Value (multiple definitions-report will explain)
    2. Replacement cost (new)
    3. Replacement cost (new) less depreciation
    4. Replacement cost for comparable item (used)
    5. Salvage value
  12. Retail Value
  13. Wholesale Value
  14. Residual Value
  15. Reproduction Value
  16. Remaining Useful Life

Education

  • Louisiana State University, Bachelor of Arts in English Literature, Minor in Classical Civilization, and Minor in Sociology. May 1990.

Professional Association Memberships

  • Accredited Senior Appraiser (ASA), American Society of Appraisers, April 2016. Member since 2010.

Initial Principles of Valuation courses and other ASA requirements

  • Uniform Standards of Professional Appraisal Practice (USPAP), approved by the Appraisal Standards Board of the Appraisal Foundation, 15 hours, August 2010, Las Vegas, Nevada.
  • ASA Principles of Valuation course ME201: Introduction to Machinery and Equipment, 27 hours, November 2010, Chicago, Illinois.
  • ASA Principles of Valuation course ME202: Machinery and Equipment Valuation Methodology, 27 hours, January 2011, Los Angeles, California.
  • ASA Principles of Valuation course ME203: Machinery and Equipment Valuation - Advanced Topics and Case Studies, 27 hours, February 2011, Chicago, Illinois.
  • ASA Principles of Valuation course ME204: Machinery and Equipment Valuation - Advanced Topics and Report Writing, 27 hours, March 2011, Bethesda, Maryland.

Continuing Education and CEUs

  • Uniform Standards of Professional Appraisal Practice (USPAP) for Machinery and Technical Specialties (et al), ASB-approved update, 7 hours, May 2015, ASA online seminar.
  • ASA ME145-WEB - An Overview of Common Radiology and Endoscopy Equipment, 2 hours, November 2017, webinar.
  • Uniform Standards of Professional Appraisal Practice (USPAP) for Machinery and Technical Specialties (et al), ASB-approved update, 7 hours, December 2017, ASA online seminar.
  • ASA AR113-WEB: Attacking & Defending Appraisal Reports While Staying Out of Trouble, 2 hours, January 2018, webinar.
  • Uniform Standards of Professional Appraisal Practice (USPAP) for Machinery and Technical Specialties (et al), ASB-approved update, 7 hours, June 2018, Cleveland, Ohio.
  • 7th Annual ASA Equipment Valuation Conference, 14 hours, June 2018, Cleveland, Ohio.
  • ASA ME149-WEB Food Industry Trends and Food Machinery Valuation , 2 hours, July 2018, webinar.
  • ASA VC131-WEB - Appraisal Review: What It Is, What It's Not, and Why It Matters , 2 hours, September 2018, webinar.

Expert Witness Experience

  • Louisiana district courts