We’re implementing a brand new system, AssetLink. Designed from the ground up to simplify the process and expand coverage to new asset classes and location types.
For items transferred between two different legal entities, the transfer price will be based upon the assets Fair Market Value (FMV).
For items transferred within the same legal entity, the transfer price will be based on the Net Book Value (NBV).
This system facilitates the capture, transfer request, and approval between parties, accounting treatment / financial transactions take place offline in the business’ financial system of record.
Costs for disassembly, rigging, packaging and transport are to be funded by the entity that is requesting the equipment.
We work day-in, day-out with Baker Hughes locations around the world to maximize the ID, Redeployment and Remarketing of idle / surplus assets.
Copyright Chain Asset Management Solutions.