Acquisitions Other Than Purchase

Acquisitions Other Than Purchase. A capital expenditure may include acquisition by lease, gift, donation, devise, legacy, trust distribution, assignment, transfer, merger, consolidation, or other means. An acquisition for less than fair market value may be evaluated based upon fair market value when determining whether review is required. In determining fair market value, the Department may consider the following: 1. Independent Appraisals; 2. Market Data; 3. Industry Valuation Standards; 4. Purchase Agreements; 5. Lease Agreements; 6. Financing Documents; 7. Tax Records; 8. Asset Valuations; and 9. Other Relevant Information Deemed Appropriate by the Department.