MANUAL
on
DISPOSAL
OF
GOVERNMENT PROPERTY
ee eet cel can aredeelent ech enedamahantfeehamel vusel-anchaoel
Se oe St a Se Fe ee ae Se Sa SA RE RSNepuble:ot the Philippines
SYSTEMS AND PROCEDURES BUREAU
Deparment of Budget and Management
Malacanang, Manila
January 28, 1992
THE HONORABLE SECRETARY
Dapariment of Budgel and Management
Malacanang, Manila
Sir
We are submitting herewith the tinal copy of the Manual om the Disposal of
Government Proparty which tha Systems and Procadures Bureau prepared
pursvant to Its mandate under Execulive Order No. 285, together with the National
Budget Circular officiaily endorsing the use of tha Mani>l by ali concerned.
The Manual is ant improved version ot a looseteaf material on disposal
guidelines earlier developad by the Bureau for DB's. internal use In conmaction
with disposal activities thal ihe Dearlment's Regional Offices and SPB ilself are
underlaking but which some ether agencies have already been using aver in the
absence of an official enelorsomemt. The Circular will provide tha necessary
tnprimatur and, hopatully, widen the Manual's dissemination and utilization.
Respectiully submitted:
—y:
RO E Az. FUNK _ fre,
Maenagamant Specialist tf Manggament Spdalist Il
Fgtecs otober*z
Information Systoms Analyst lil?
Rae. Ja- C20 one Oban.
He VERZOS: uvdia 6. CHUA
ALL AE BAe ct A metetiet:
PN tet Bose erg ees ch Bec dentTO
REPUBLIC OF THE,” A)MNVINES:
DEPARTMEN'E OF BUDGET AND MANAGEMENT
MATACATANE! gl UTA
NATIONAL BUDGET CIRCULAR NO.
January 281 1992
ALL HEADS OF DEPARIMENTS, BUREAUS, OFFICES AND
AGENCIES OF JHE- NATIONAL GOVERNMENT; STATE
UNIVERSITIES AND COLLEGES; GOVERNMENT-OWNED OR
CONTROLLED CORPORATIONS; AND ALL OTHERS
CONCERNED
SUBJECT : 9 MANUAL ON THE DISPOSAL OF GOVERNMENT PROPERTY
4.0:
2.0
3.0
4.0
5.0
With tho abolition of the. Supply Coordination Olfice (SCO) pursuant to Executive
Order No. 285 dalod July 1967, the sunction of disposal of obsolete, forfeiied,
abandonod and surplus supplies, mafarials and equ” ment has been transferred
to tha different ime departments and agancies, subject .o the guidelines developed
by the Systems and Procedures Bureau (SFB) ol the Depariment of Budget and
Management (DBM) and existing laves.
Pursuant to this directive, a Manual on the Disposal of Gaverninant Property is
horaby issued to guide agoncies In thelr disposal underiakings.
The Manual was prepared taking into conslduration existing faws and policies
governing disposal, ita guidelines isstiad by tha dofunct Supply Coordination
Ofifee and pertinent rules and reguittions of ihe Commission and Audit.
Refinemonts and supplements ware intraducad by DEI fo anhance relevance and
praciicality of the guidelines. This was done as a resull of ebservatians obtained
from actual exposure of SPB slaff and DBM Regional offices fo disposal activities.
As manuals are suppased to be dynemic, improvements on the guidelines may ba
introduced from time to time as we ava abla to develop belter disposat methods.
Agancias are ancouraged to prasani their suggestians or recommendations to
DBM in this regard.
Itis hoped that the Manualen the Disposal of Gavernmont Property wilt be helptul
to all concerned,
E>, hontai re.DE ee SN I Sf Pe Sra eS
ee eo eo
MANUAL
on
DISPOSAL
OF
GOVERNMENT PROPERTY
oe AR LE OE SL TN: A a A A A A He. Hew A
Se ee ae Re ee hee ee ee a AN Se ee eee a VVPART I
moo 8
PART It
TABLE OF CONTENTS:
INTRODUCTION
Background and Purpose
Legal Bases
Agancy Coverage
Scope of Guidelines
Definition of Terms
DISPOSAL ACTIVITIES/PROCESSES,
Creation of tha Disposal Committee
LO Organization
2.0 Funelions
3.0 Secretariat Sarvices
4.0 Desiynation of DBM Rapressntative
Determination of Disposable Property
Submission of Disposal Documants
1.0 Inventory and inspection Repart
2.0 Hopor. of Wasta Materials
3.0 — tnvaice Peceipt of Property
Inspection
1.0 Objective
aPART It
o 8
mo
m
Appraisal
1.0 Objgetive
28 Basis of Computatlon
3.0 Formulae
4.0 Definition of Farms (as used (rt the farmulae}
5.0 Sampo Computations
Selting of Minknum Value
Medes of Disposal
$0 CandemnatiovDestruction of Propoity
2.0 Yransler of Property
3.0 Satter
4.0 Donation of Proparty
$9 Sale of Proparly
Dropping from (ha Books of Accounts
GUIDELINES/PROCEBUHES IN THE SALE OF PROPERTY
Prebiduing Requirements
Who may Participate In Publle Bidding
Accomplishniant and Submisstan of Bids
Bid Bond
Defective Bids
Withdrawal of Bids
a
10
16
19
9
20
20
a4
21M.
N.
ANNEXES
Hagotiated Sale
Awarding of Bids
Payment
Ciniming of Awerd
Taxes, Customs Duties, Cosis ar Charges
Année A - Inventoly and Inspection Report
(General Form No. 17-A)
Annex & - Adputl bt Waste Materlats
(General Form No. 64-A}
Annex G - involea Racelpl tor Property
{Gonara} Form No. 30-Ay
Annex D - Table of Estimetad Servica Uile
Annex E - Annuat Average of US$ Guiding, Raie
22
22
23
23
24PART!
INTRODUCTION
Backcr cund and Purpose
Property disposal Is the third and last phese in tha supply management
cycle where the [st two plases consist of procurgmentand utliizatlon and
mainienancs. Disposal occurs whon a piace of equipment ar properly can no
fonger provide elficien! servics or, though still working, has been renderad
useless due to obsolescence.
Disposal proceedings should be Immediately (nitiated to avold further
deletoration of the property and consequent depraciatlon In tts value. A
systemat{c and tImely disposal will yleld benelits in terms of, among others, a
higher appralsad value and by enabling storage areas available for other
purposes.
To factlitale the disposal of ihe increasing quantity of unserviceable
equipment and propaity, the haads of {he various dapartmants/agencles have
been autiorlzed to dispose o! such equipment anc property. Together with
such authorization, @ uniform procedure vf government propally disposat ts
pfesertbed.
The manual alms to serve as a quide to agenclas by providing
Informative and prascriptive melarials on tie Isgat provisions, responsibilities
, procedures, condillans and requizamants corcgning disposal actions.
Legal Bases
Disposal activities are governed primarily by the (ollowing Issuances:
1.0 Executive Order No. 888, Serios of 1983
Executive Ordar No. 888 dated March 18, 1983 stipulales, among
others:
1.1 the authorily of the Ministers (now Socretariss) and Heads of
Ministries (now Depatimenis/Agencies) to dispose of thelr
Jaspecilys unserviceable squipmon and disposable propelty:
1.2 the creation of a Disposal Commiltes in each department/agency
to be composed of the representatives of the owning
department/agency, the Bureau cf Supp’y Guardination and the
Conmomccian on Andi2.0
the creation of Meytonal Digposal Committoas composed of the
tapresantativos of {he ragianal offices of ine owning
Hepatiinentiagancy, the Bureau of Supply Coordinallon, and the
Commission on Audit;
1.4 the duties of the Disposal Commiliae and the Regional Disposal
Comuilles;
1.5 the submission of disposat documents andthe modes of disposal
Execulive Order No. 285, Series. of 1997
Execullve Order No. 255 dated July 25, '987, an the other land,
provides, among others:
at
2.2
23
tha abolition of tha General Services Adminislralion and the transter of
(ts functions to apprepriata government agencles;
iha mandate ol tha Systems snd Procedures Bureau of the Dapartment
of Budget and Management (o develop guidetines retativa to disposal of
government properly;
Ihe reconsiltution ofthe Disposal Committaa which shalf now include the
saprasentative of tha Department of Budget and Managamant in ten of
the Supply Coordination Office
. Agency Coverago
The quidelinas prescribed in Wis manual shall apply to departments and
agancias of the national government Including their respective sogionallield
ofilces, stale universitias and colleges, and govamment-owned or controilad
corpotailons.
Scope of Guidallnes
4.0
2.0
The guidelings contained hereln shall refer to the disposal of government
proparty which are unservicaable, obsolete, forleited, abandoned,.excess.
Gr surplus to the needs of the govamimant, or junk or scrap materials.
As.usedin this manual, government properly relors lo parsonal proparty
suich as supplies, tiaterials and equipment purchased of owed, stocked
and used by the goverment ii its operations.
Disposal of tha following ptoperty ate likewise covered by these
guidelines but shall be done In coordination wilh appropiate governmentat
2.2
23
Musoum materints acquired ant preserved solely for extilblilon;
and anlique property and works of atl, which shall be referred lo
the National Museurn for the datermination of its dispustttan anct
appraisal of vaive;
Documenis submilieJ for copydght, In coordinalion wilh the
National Library; and
Modats submitted in cannectlon wilh applications for patente, In
coordination with tha Burean of Patenls, Trademarks and
Technology Transfer.
3.0 Excluded trom Ihe coverage ol Ihis manual ave
a4
32
Reai Properly, which shall be governed by the DBM.DENA-
DPWH Joln| Circular No. 1 dated September 40, 1989. Disposal
of real proporty shall bo done In coordination with (ie Department
of Environment and Natural Resources
Records, which shail be yovarnad by the DECS Department order
No. 13-A daled February 3, 1968.
Definition of Terms
The following torns which ara used to reler lo disposable government
property are defined, thie:
4.0 Abandoned Property - any personal property in ta possession of any
government agency without & known owner.
2.0 Beyond Economical Aepair - when the cost of rapait and nialntenance
becomes prohibitive and disadvnnlageous to the guvernment considering
such faclors as:
aA
a2
2.3
24
2.5
malntanance expenses
downline
replacement cost of spare paris
frequency of breakdown
alternative modas such as sfenlal of equipment or
outright replacement
3.0 Econontically Repaiiable - that which can be rehatilialed and
malntalned at a cost eoanomical to the agency, considering tha live (6)
Taclorg mentionsd tn ttem 2.0 above.As
a
5.0
6.0
8.0
8.0:
10.0
Equipment- any propany, oler thant land, structures and fixed factlitles,
having @ useful fife greater than eng year, the cost of which amounts to.
21,500 of nore (par COA Circular Mo. 88-2008) and which whan used
dow auiler any materel oF substantial change or alteration (n size
PSTN
Excess Frogarty - that whleb Is beyond the. requirement of the owning.
agency but may still ba naedad tr some other govamment agencies.
Expendable Propeny - tat which may ba consumed, spent, ar used-up,
Faifeltact Pronarty - hat witch is acquired by summery process or by
«te Thilinntnas,
Matatlals - aia expetivauis u.
process of manufacture or construction including parts or remimanis hut
destroyed or Jamayod! (xed aasets,
Non-axpandable Propoity - \hat which cannot be consumed, spont or
used-up, such as, equipment
Obsolete Property - thal which has lost Its efficacy either dug to:
ieehnelogica advencomesi., change el procedures. reorganization of
ofllce, of completion of preject.
SorapAunit - fragments of dlecardod. meterials that has no vatua excapt
for iis basic materiat contents and whch cannot be repracessed and re-
used In the cosratlons of other government proparty.
Suppias - arp sxpandable commodiltes which are normally consumed
within a year In canaectlon with governnient operalicns.
Surplus Prope? ty - excess personal property no longer needed by the
government.
Unseryiceable Property - that which ig bayend repair and has ro more
utilization potentlet,PART If
DISPOSAL ACTIVITIES/PROCESSES
A. Creation of ihe Disposat Committee
1.0
2.0
Organ ation
The creattan Gf a Disposal Commiltes In gach depaitment and
agency Is provided in &.0, 888. On the olher hand, E.O. 205 stipulated
the reconstitution of the Disposal Cammiltes as ollows:
Owning Department or Agony - Chairman
Commission on Audit - Member
Department of Budgal and Management : Mamber
The Regional Disposal Commiliess era organized in the same
manner, with representatives Irom the following
Regional Olfice of Owning Dapl. Agency - Chairman
DBM Roglonat Olfice Membor
COA Regionat Office - Mamber
Functions
2.1 Disposal CommilfeefRegional Disposal Conimitles
The functions of the Disposal Comnuttees and the
Regional Disposal Commillaes as provided In E.O. 886 are the
following:
a. Inspector authorize the dapariment’s/agancy's field offices
fo inspect the unserviceable equipment ard property to
varily justification tor disposal;
b. Sel the final appraised value of all disposable property
considering obsolescence, maikel demand, pliysical
condilion and result of previous biddings for similar
properly:
c. Flaconumand to tha Head of the DepartmentAgancy for
approval, the manner of disposal;
d. — Conduel public biddings for the sale of disposable property
on an "as is, where is" basis and to recommend
rcorrasnoncinn award3.0
49
Recommendations of Disposal Commitigas In the regions
and in agancigs atlached to cattatn Deparimants shall be subject
to the final approval of the tlead of the Department concomnacd.
2.2 Chaitman and Members of tha Commitiag
The Disposal Commiliee Chalrman calls the meoting of the
Committae and initiates lhe activitias in the disposal process. In
cases of contlicts or differencas among the Comimillae members
especially regarding varying appraised values, the Chairman stall
make the final dacision as lo which recommendation shall be
subriitted to the Head of the DepartmenVAgency for approval
The members are clothed wilt the authorily to make
decistons in behalf of thelr raspective offices during the vatious
commilise deliberations. Tha mombers are expected to
Undertake inspection, appraisal and valuation activitlas as a group
or tndividually, and pattelpata in the bidding and awarding
aclivities
Secretarial Services
A Sacrefatial and technical stall to ba manned from existing
personnel of the agency shail be formed to handie all the Committee's
technical and adminislrative matlers as well as tlio salekesping and
systematic filing of Cemmillas documents and records
Designation of the DAM Representative
The DBM representative to Ihe Disposal Comniiltea shail be
daslgnatad by an authorized DBM official upon submission by the
agency of a fetter requesiing such dasignation.
Determination of Olsposable Property
2.0
3.0
Any or all of tha following conuitlons shall constitule disposable property:
Proparty which can no longer be repaired or racondilionad;
Property whose maintenance costcosts of repair more than oulweighs.
the benefits and services that will be derived from iis continued use;
Property that has become obsolete or outmoded because of changes In
{achnology;5.0 Unused supplies, materials, and spare parts that were procuied in
excess Of taquitemants; and
6.0 Unused suppliss and materials that has become dangerous to use
because of loug sleraga or usa of which Is delarminad ta be hazardous.
Supmission uv. vocuments Potlaining lo Disposable Property
Accountable officials in possession of unserviceable properly shall subtnit
to the Disposal Commiltea, through their lespective leads of offices, the
following accomplished foims, as appropriate
1.0 fnventory and Inspection Heport (| & 1 Report, ollerwise known as
General For No. 17-A). This form covers seni-expendable malarials
and equipment and nun-expendable supplies and should be
accompanied by any of the following as the case maybe: [See Annox A}
1.1 individual survey report, duly certified by the Supply Officer and
Head of Agency;
1.2 List of missing spate parts, duly certilier” by the Supply Officer
anu Head of Agency;
1.3 Stencils of chassis and engine numbers of motor vehicles; and
1.4 Current photographs in two (2) positions.
2.0 Report of Waste Matenals (QWM olharwise known as General Form No.
64-A}. This form cavers expendable materials, supplies, and
consumabtes including spare pails, amply containers, remnants from
destroyed of damaged fixed assets. [Seo Annex B]
3.0 Invoice-Receipt for Property (INP otharwise known as General Form No.
30-A). This forny covers gavernmant property transferred from another
agancy which bas become unsorvicoable, and duly recommended for
disposal by the head of the agency. [Seo Annex C]
inspection
1.0 Objective. Inspection Is aimed at obtaining a first hand observation of
{he physical and operational condition of (he properly and. thstr
prarkelability or abillly lo attract prospective buyers.
2.0 Conduet of Ocular Inspection. Insneclon may be dione saparately byE.
24
22
23
Appralsal
Verity stated serial numbor, motor nunibor, properly number, and
ether specifications ecessary for. establishing cones
idaniification of the properly.
Delerming the physical condiliov/gensral appearance of the
proparty rolative to:
a. ihe equipment being operational, economically repairable
or beyond economical repair;
b ihe availabilily of spata paris and tha general
obsolescence of the equipment; and
¢. tha quatily, degree and extent of malntenance and repair
done on equipment.
In cases where the equipment is declared to be junk, the totat
estimated welght per lol should be detarniinad to form as basis
of the appraised value. The cosl per unit of the property/supplies
inspected will depend on the kind of material appraised.
1.0 Objective. The objective in computing the appraised value of the
property for disposal is to sol the government's minimum selling price 50
that Ihe government shall receive fair compansaticn for the flanis sold.
Ths Disposal Commitlee niembers, including the owning agency, shall
gach prepare its appraisal report.
2.0 Basis of the Computation, After having conducted the ocular inspection
and regardless of the mode of disposal fo ba undertaken, the appraised
value shall be computed using as basis thé information/data appearing
in the Invantery & Inspection Meport, Report of Waste Materials and
invoice-Necaipl tor Properly
The toltowlng basic variables are io be used
- year af acquisition
- cost of acquisition
- replacement cost
3.0 Formulae. In the computation of the appraised value, any of the formulae
as enumeralad below in varsions may be usad depending on theBt
a2
3.3
version 1 lbis ls used for all types of
properly where the acquisition cost. and year of
acquigition are known,
APPRAISED VALUE = RUY x CE x CKE x No, of Units
vhare,
RUv = (AE ~ SV) + sy
Version 2 - this Ls used for all types of
property where the acquisition cost and year of
acquisitlon are unknown but the replacement cest
can be astabtl shed.
APPRAISED VALUE = RO ox CE x UF x Ho. of Units
version 3 - this ts used for all types ef
property where the acquisition cost ks unknown,
but year vf acquisition and replacement cost can
be established,
APPRAISED VALUE = RC x AF x CF x No. of Units
Legend:
RUV - Ramaining Uselul Value
CF - Condition Factor
CFF - Currency Fluctuation Factor
AC. - Acquisition Cost
VV - Salvage Valua
RA - Remaining Usetut Lite
1 - Estimated Servlea Lite
AS - Actual Service
AC - Raplacainent Cost
UF - Usage Factor40
Definition of Tors (as used In tho formulag):
at
Ad
43
44
45
46
47
4.8
49
ACQUISITION COSI (AC), ralats to tha price or amount al which
the propotly was putchased or acquired
REPLACEMENT COSTS @XC}, refers fo the cutront markel price
of a similar new equipmem,; or if tha equipment is no longer
ov ule in the market due to product obsatascence, the markel
jaico of a similar equipment which can functional'y replace tie
item appraised
CUNRENCY FLUCTUATION FACTOR (CFF), er P to § rata
APPRAISAL YEAH over P to $ rata ACQUISITION YEAH, as
usaclin Version 1, refers lo the U.S. Dollar relerence rate telalive
to the Philippine Peso at the lime of appraisavacquisition. [See
Annex D for Annual Average of US$ Guiding Rate}
ESTIMATED SERVICE LIFE (L), as used in Version 1, refers lo
the length of service life that may be expected from a pallicutar
equipment assuming normal utilization. (See Annex “E" tor Table
of Eslimated Service Life of Equipmont/’ sperly]
ACTUAL SEAVICE (AS), is defined as the age of the
ecuipmentiproperty from date of purchase, or the diflarance
betwoon the year of disposal and the acquisition year.
REMAINING USEFUL LIFE (R), as used in Version 1, rofers to
ihe difference between the Eslimated Service Life (L) and the
number of years of actual service (AS) of tha properly. {I the
compuled [is less than zero, is assigned a valua of zero
SALVAGE VALUE (SY), is equivalent! to len percent (10%) of the
acquisition cost of the equipmeavproperty,
PHYSICAL CONDITION (PC), refers to the condition of the
property at tha tla of Inspection relative to such observable
factors as orm, physical state, ganeral appearance, degree of
dalerictation obsolescence, completeness of components,
markelabilly of tha propeiy/components and other similar
observable [actors
CONDITION FACTOR (CF), as used in alt versions, rolers to the
value, used for compulallonal putposes, corresponding tot ho
Physical Condition of the equipmenyproperty.PHYSICAL CONDITION CE. VALUE
EXCELLENT 0.80
VERY GOOD 0.70
Goon 0.60
SATISFACTORY 0.50
ADEQUATE 0.40
FAIR 0.30
POOR 0,20
VERY POOR 0.10
4.10 USAGE FACTOR (UF), as used in all versions, ratets to whether
the equipmontproperly has been used of not at the time of
disposal. if the property has not bean used, UF is assigned a
conslant value of 0.90; otherwise, it is equal fo the values
assigned lo the Condition Factor (CF).
VALUES OF THE USAGE FACTOR:
a) if UNUSED 0.90
b) if USED, and the physical candilion .s:
PHYSICAL CONDITION UF VALUE
EXCELLENE 0.80
VERY GOOU 0.70
GOOD 0.60
SATISFACTORY 0.50
ADEQUATE 0.40
FAIR 0.30
POOR 0.20
VERY POOR O10
4.41 AGE FACTOR {AF}, a5 usod le Version 3, _rators to the romaining:
economic value of the property telalive t estimated useful life.
{See Annex E for Table of Eslimaied Service Lite of
Equipment/Propetty]
The valua of the AGE FACTOR (AF) is delormined by
avaliuating fired ihe Panreciatinn and rarkan ihn eerracnnneling50
—__._lf Dlg:
1
2 -1.00
3 -0.90
4 -0.80
B02
“0.60
7 -0.60
& 0.40
9 -0.90:
10 -0.20
AL -0.t0
12
130
14
Yeltig of AF ig:
D = 0.50 0.900
Sample Computations
5.1 Version 1
APPRAISED VALUE = RUV K CF X
RUV = (AC - SV)
x
CEF X No. of Units
RAL + SY
Given:
Year of Acquisition: 1860,
Year of Disposal: igat
Acquisition Cost: P 50,000.00
Esilmated Sarvice Life: 20 years
We. of Units: one (1)
Physical Condillon: poor
Step 1. Compute Remaining Useful Life (Fi)
Re
L- AS
20 - (1991 - 1960)
20-41
anStap 2.
Step 3.
Stop 4.
Stap 5.
Stop 6.
Compute for tho Salvage Value (S\)
SV = 10% x Acquisition Cost
0
10% x P 80,000.09
= P 5,800.00
Compute for the Aemaining Useful Value (AUY)
AUY = (AC -SVE x + av
= (50,000 - 5,000) x _0 + 5,000
20
u
(45,000) x 0 + 5,000
= 5,000
Compute for the Currency Fluct ufon Factor
(CFF)
CFF = Peso to Dollar rate appraisal year
Peso ta Dollar rale acquisition year
Convert Physteal Condition to equivalent
aumerteal value using CF Table
OF value for POOR = 0.20
Computa far the Appraised Value
APPRAISED VALUE « RUV XCF X CFF X No, of ualts
= 5,000 x .20 x G.752 x t5.2
Version 2
APPRATSRD
Laampie No
Given:
Step f.
Step 2.
Step 3.
Example No.
Glven:
Step 1.
VALUE = ROX CEM oUF x Me. of Unkbe
1 (Usage Factor = Used)
Year of Acquisitian: unknown
Acquisition Cost unknowe:
Replacement Cost: P 50,080.00
No. of Unis: one (1
Physical Condition: fair
Usage Factor asad
Convert Physical Condition to equivalent nusericat
value using CF Table
CF vaiua fer FAIR = 0.30
Couvett observed Usage Facior io entiivatent
numerical value using UF Table
UF (used) value for FAIK = 0.30
Compute for the APPFAISED VALUE
APPRAISED VALUE = AC x CF x UF x No. of units
= P'50,006 X 0.30 X 0.30 X 1
=P 4,500"
2 (Usage Factor = Unused)
Year of Acquisllian: unknown,
Acquisillon Cast: unknown
Replacament Cost: P 50,000.00
No. of units: one (1)
Physical Condition: Very Good
Usage Factor: Unused
Convert Physicat Condiffon to equivalent numerical
value using CF tableStep 2. UF far unusad property ts constant
UF ~ 9.90
Step 3. Compute for the APPRAISED VALUE
APPRAISED VALUE = AG X CF X UF X Naot units
= P 60,000 x 0,70 x 0.90 x 1
= P:31,500.00
8.3 Version a
REPRAISEO VALUE ROR AF * CF xX No, of vas |
Given: Year of Acquisition: 1975
Yoar of Disposal: igot
Acquisition Cosh: unknown
Replacement Cost: P 60,009.60
Esitmated Service Lila: 20 years
Wo. of units: ana (t}
Physical Condition: Satistaclory
Step 1. Convert Physical Condition fa equivalent suniseical
vatue using CF Table
CE value fur SATISFACTORY — 0.50
Stap 2. Caninute for the Depreciation (0)
Dek - AS
L4.0 Tho snininem value sot shall ba good only fer six manths, If the
properly semains unsold aller six months, a reappraisal must be
conducted,
Modes o! Olsposal
The Disposal Commitige shall ecommend te the head of the agency the
proper made of disposal. Properly inay by dispysed in any of the fatiowtng
modes, a8 appropriate and deamed most advantageous to the gavorimant
1.0 Condemnation/Qestruction of Property
Valueless, utisalable or hazaidous proparly may bs cotidemmed
and destroyed by pounding, burning, breaking, shradding, throwing or
any olhet maltod by which tie propatty Is disposed bayond econemic
fecovery. Destruction shal ba mada in tha prosance of the Disposal
Coiniilles.
2.0 Transfer of Propeity
Upon the iniliative ot the owning agency 6 upon submission of
teqiest to the owning agancy, propatly recommandad for disposal may
be transferred to another government agency. Transfer shail by done
sither with or withoul cos. Cost in [his casa relers 10 payment based on
Ihe appraised value of the property.
In effecting the transfer of property. the Invvica Rocoipl for
Ptopoity (IAP or Ganoral Form No. 30-A) must be prepsrad by the
ownlng agency and Lransmitied logather with the property ta the recipient
or requesting agency
3.0 Sarter
Batler Is a modilied form of Transter of Property wherein aa
agency transieis property to another government agency In exchangs
for another pieca of property. The value of the properly being
transterred may or may aol be oquivatent to thal being received,
In olfecting battor of property, tha Invoice Flsceipt of Property
(INP or General Form No. 30-A} shall be prepared by each patty and
transmitted together will ihe proparly to the olber parly.
4.0 Donation of Properly
Property recommended for disposal may be donated to charitable,