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diposal of unserviceable property

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diposal of unserviceable property

Post by Noel Yap on Fri Jan 28, 2011 9:10 am

Good day!

who set the minimum sale value of property to be disposed? any guidelines?
aggregate value of 2,313,772.09 Acquisition cost
but since it is fully depreciated and unserviceable it will not be of great value to bidders.

any help would be appreciated. thanks
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Noel Yap
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Re: diposal of unserviceable property

Post by fe a. araya on Fri Jan 28, 2011 6:12 pm

Hi, Noel. Welcome to this forum. First, i suggest the agency should create an Appraisal Committee to appraise (as the name implies) the present value of the property to be disposed using the formula in the computation of depreciated value. Pls. get hold of the Procurement and Property Manual of the COA. You will be guided by that.
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Re: diposal of unserviceable property

Post by sunriser431 on Wed Feb 02, 2011 3:12 pm

Noel Yap wrote:Good day!

who set the minimum sale value of property to be disposed? any guidelines?
aggregate value of 2,313,772.09 Acquisition cost
but since it is fully depreciated and unserviceable it will not be of great value to bidders.

any help would be appreciated. thanks
you can seek assistance from your COA resident auditor, or ask them a copy of the "Training Handbook on PROPERTY & SUPPLY MANAGEMENT SYSTEM". I believe your concern is included in chapter 6 the formula on appraisal of government property except real property. bounce
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Re: diposal of unserviceable property

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