Appendix 59

BUILDINGS AND STRUCTURES PROPERTY CARD

(BSPC)
INSTRUCTIONS

A. The BSPC shall be kept in the General Service Office and shall be maintained for each
building or structure.

B. This card shall be accomplished as follows:

1. LGU – name of the local government unit

2. Building/Structure ID No. – ID No. assigned to the building/structure
3. Name of Building/Structure – name of the building/structure
4. Description – description of the building/structure:
i. Type of the building/structure - description as to the made of the
building/structure (wood, concrete)
ii. Location- the exact location such as the street, barangay where the
building/structure is located
iii. Floor area – total floor area of the building/structure
iv. No. of floors – the total number of floors/storeys

5. Components - the components of the building/structure

i. Building/Structure – the core building/structure component
ii. Air conditioning systems – the air conditioning units installed in the
building/structure
iii. Elevators/Escalators – elevators/lift installed in the building/structure
iv. Others (Specified separately) –such as sprinklers, generators installed in the
building/structure
6. Estimated Useful Life – estimated period over which the components of the building
will be available for use.
7. Date – date of the source document
8. Reference – reference documents used as the bases in recording the transactions such as
JV
9. Description – summary explanation of the transaction
10. Cost – amount of the transaction
11. Adjustment/s – the amount of adjustment/s made through JV
12. Carrying Amount – the difference between the total cost of the asset less the
accumulated depreciation, accumulated impairment losses, and adjustments, if any
13. Maintenance History – Nature of Repair/Amount – the nature of repair (specify nature
of minor or major repair and the cost of repair)

C. Transactions shall be posted from the source documents.