Professional Documents
Culture Documents
Disposal of Properties
Disposal of Properties
PROPERTIES
Disposal
- is the divestment of unserviceable, no
longer needed, obsolete, forfeited/seized
properties and other assets including
records which have grown into
unmanageable and uneconomical cost of
maintaining such assets and properties.
Modes of Disposal
1.Condemnation / Destruction /
Demolition of the Property
2.Transfer of the Property
3.Donation of the Property
4.Sale of Unserviceable Property
Condemnation of Property
Any or all of the following conditions
shall constitute disposable property:
1. Property which can no longer be
repaired or reconditioned;
2. Property whose maintenance cost/costs
of repair more than outweighs the benefits
and services that will be derived from its
continued use;
3. Property that has become obsolete or
outmoded because of changes in
technology;
4. Serviceable property that has been
rendered unnecessary due to change in
the agency’s functions or mandate;
5. Unused supplies, materials and spare
parts that were procured in excess of
requirements; and
6. Unused supplies and materials that has
become dangerous to use because of long
storage or use of which is determined to
be hazardous.
Hence, a PPE that exceeded its estimated useful life yet remains to be
functional and does not meet any of the criteria mentioned above
should NOT be considered as PPE items for disposal.
Condemnation / Destruction /
Demolition of Property
Condemnation / Destruction / Demolition
of Property is the pounding, burning,
breaking, shredding, throwing is the
disposal method of the unserviceable
assets of properties.
Transfer of the Property
Transfer of Property
(10)
(11)
(12)
(13)
(4) (5) (6)
(9)
(3) (7) (15)
Certified Correct:
_________________ _________________
CERTIFICATE OF INSPECTION
I hereby certify that the property enumerated above was disposed of as follows:
Item: __________ Destroyed
Item: __________ Sold at private sale
Item: _________ Sold at public Auction
Item: __________ Transferred without cost to _________________