Assets
- The Corporate Asset Management Plan (CAMP) should be used to identify the initial value of the asset and whether there is any alternative use before disposal takes place.
- The officer responsible for disposal needs to check that the items are owned by the Council, and are not leased, or on hire or borrowed. Proof of ownership may be required.
- Surplus or obsolete goods, materials, and stocks shall, unless they are offered and taken in part exchange, be disposed of by public tender, except when, in the opinion of the Business Unit Head concerned, the financial interest of the Council is better served by disposal by other means.
- The Business Unit Head concerned shall prepare and certify a list of all items disposed of, other than by trade-in, showing the amount received. This will be reflected in inventories and asset registers.
- No item shall be removed from the Council premises without the written authorisation of the Business Unit Head concerned.
- The proceeds of any sale over £5,000 are to be reported to Cabinet.
- Assets must be disposed of at the most appropriate time, only when it is in the best interests of the Council, and at the best price reasonably obtainable. For items of significant value, disposal should be by competitive tender or public auction.
- Procedures protect staff involved in the disposal from accusations of personal gain.
Should Directors have some involvement in this activity to make sure that assets are being utilised in the best manner across the authority as a whole?
| |
|
