Larry L. Perdue ASA, M.V.S.

Experience

Mr. Perdue is an Accredited Senior Appraiser (ASA) specializing in machinery, equipment, and inventory valuations and operations consulting, and is a director of Business Valuators & Appraisers, L.L.C., a sister professional services company to D. R. Payne & Associates., Inc. Mr. Perdue also provides operations, consulting services, and interim management services for D. R. Payne & Associates, Inc. He has over thirty-eight (38) years of experience in field operations/investigations, asset identification, and asset appraisals. In 1984, following a successful career in sales, management, and equipment rental, he established Asset Management and in 1987 Asset Appraisal Corporation, where he is presently owner and Executive Director.

INDUSTRY EXPERIENCE

Cherokee Services, Inc. – Vice President/General Manager Rental Equipment and Liquid Mud Division. Established and developed an oil field equipment rental company. Performed acquisition, inventory, and valuation for three affiliated companies. Established a purchasing system for the acquisition of all equipment and materials used by the division. Solely responsible for the purchase of over $17,500,000 of oil field equipment and related items. Initiated an inventory control system and designed a computer management system. Responsible for coordinating the sales effort for field operations, as well as calling on oil and gas industries corporate executives. Established manual and computerized delivery ticket and billing systems. Assembled the necessary pricing and engineering data for a publication.

Tesoro Land and Marine Rental Equipment Company – Oil Field Rental Tool Sales Representatives

SPECIALIZED EXPERIENCE

Mr. Perdue specializes in tangible asset appraisals, field procedures and operations consulting. Mr. Perdue had attended numerous schools during his service in the U.S. Navy. Mr. Perdue also oversaw various tubular equipment testing services while employed at Cherokee Services as Vice President/General Manager Rental Equipment and Liquid Mud Division. Examples of the types of asset appraisals and/or operational/field consulting assignments include:

  • Construction equipment
  • Inventories
  • Office furniture
  • Manufacturing plant equipment and facilities
  • Rolling stock, transportation equipment
  • Oil & gas industry equipment
  • Communications equipment
  • Farm machinery and feed mills
  • Laboratory equipment
  • Computer equipment
  • Presses, lathes, slitters, etc.
  • Electric generating equipment
  • Oil & gas industry equipment
  • Grocery store/convenience store equipment and fixtures
  • Aircraft and related maintenance equipment and spare parts
  • And many other industries too numerous to list

Education

Mr. Perdue is a graduate of Lindenwood College with a Masters’ Degree in Valuation Sciences, where he wrote the curriculum for the Machinery and Equipment Appraisers program. He received his undergraduate degree (B.S.) from Central State University. Mr. Perdue has been an Accredited Senior Appraiser (ASA) from the American Society of Appraisers since January 1988. He has also had multiple articles published, as well as participated in and instructed numerous courses for the American Society of Appraisers and the FDIC including:

“Understanding and Interpreting Appraisals”
“FDIC Rental Value: A Non-Traditional Approach”
“Impact of High Tech on Traditional Equipment”
“Valuation of Production/Proprietary Software”
“Appraisal of High Tech Manufacturing Equipment”
“Valuation of Electronic Test Equipment”
“Expert Witness vs. Professional Witness”
“Insurance After the Loss”
“CAD – Computer Aided Design Cost Management System”
“Valuation of Inventory”

“Machinery and Equipment Fundamentals of Evaluation – Level I, II, III, and IV” – Certified Instructor
“When and How to Liquidate”
“The Inventory Appraisal and Considerations for Lenders”
“Environmental Issues and Liabilities”
“The Secured Lender and the Bankruptcy Court”
“Current Development in Bankruptcy Law”
“Importance of Business Valuations for Secured Lenders”
“Conference on Valuation of Assets in Bankruptcy”

Professional Affiliations

  • American Society of Appraisers – Accredited Senior Appraiser
  • International Association of Assessing Officers