converted to surplus property, must the agency seek approval from the Board of Examiners to authorize disposal?
No, the agency director will declare and dispose of the items with an original purchase price below $2,000 following the approved disposal methods as defined by the Board of Examiners. The agency will declare the item as surplus unless it is of nominal value, but an authorization request does not need to be submitted to the Board of Examiners.
Related Questions
- Can we purchase federal surplus property from the Federal Property Agency in Huron, South Dakota and then resell this property to another political subdivision?
- Is a local government required to seek approval from any other governmental agency before issuing project development bonds?
- converted to surplus property, must the agency seek approval from the Board of Examiners to authorize disposal?
