Fair value and liquidation value procedures require coordinated valuation, averaging closest estimates, possible third valuer appointment and confidentiality obligations. Determination of fair value and liquidation value follows a structured process: registered valuers appointed by asset class physically verify assets, apply Board-notified valuation standards, and submit reports; a coordinating valuer consolidates asset-level fair values and synergies to compute a set-level fair value; where multiple estimates arise the average of the two closest estimates constitutes the fair or liquidation value, with provision for a third valuer if estimates are significantly different; distribution of valuation reports to committee members requires confidentiality undertakings and valuers and the resolution professional must maintain confidentiality.