ASTM E2306-11
(Practice)Standard Practice for Disposal of Personal Property
Standard Practice for Disposal of Personal Property
SIGNIFICANCE AND USE
Continuing emphasis by interested stakeholders demands that an entity dispose of surplus assets in the most economical and efficient manner possible.
An efficient personal property reutilization and disposal program should be done in a manner consistent with the entity’s goals and objectives.
SCOPE
1.1 This practice encompasses the disposal of surplus personal property and how surplus property is donated, sold, recycled, abandoned, or destroyed.
1.2 Disposal is the final step in the final phase of the Personal Property Management Cycle. Until the disposal action occurs and is properly documented, the property remains on an entity’s property and financial records and therefore subject to costly cyclic inventories.
1.3 This standard does not include specific requirements for the classification of or the disposal of scrap items or materials.
1.4 This standard does not include specific governmental disposal requirements, or environmental, or security regulations. However, this standard enables an entity to align or integrate those requirements into its own procedures.
General Information
Relations
Buy Standard
Standards Content (Sample)
NOTICE: This standard has either been superseded and replaced by a new version or withdrawn.
Contact ASTM International (www.astm.org) for the latest information
Designation: E2306 − 11
StandardPractice for
1
Disposal of Personal Property
This standard is issued under the fixed designation E2306; the number immediately following the designation indicates the year of
original adoption or, in the case of revision, the year of last revision. A number in parentheses indicates the year of last reapproval. A
superscript epsilon (´) indicates an editorial change since the last revision or reapproval.
1. Scope 3.1.4 donations—direct transfer of title of surplus property
to eligible donees and other specifically designated recipients.
1.1 This practice encompasses the disposal of surplus per-
sonal property and how surplus property is donated, sold, 3.1.5 reutilization—finding another use for property already
recycled, abandoned, or destroyed. owned.
1.2 Disposal is the final step in the final phase of the 3.1.6 sale—trasnsfer of the ownership and title to property
Personal Property Management Cycle. Until the disposal from one entity to another for an agreed upon consideration.
action occurs and is properly documented, the property re-
3.1.7 scrap—property that has no value except for its basic
mains on an entity’s property and financial records and
material content.
therefore subject to costly cyclic inventories.
3.1.8 screening period—the period in which excess and
1.3 This standard does not include specific requirements for
surplus personal property are made available for transfer or
the classification of or the disposal of scrap items or materials.
donation.
1.4 This standard does not include specific governmental
3.1.9 surplus—personal property that is no longer required
disposal requirements, or environmental, or security regula-
by the owning entity; and for property belonging to the United
tions. However, this standard enables an entity to align or
States Government, it is determined by the General Services
integrate those requirements into its own procedures.
Administration.
2. Referenced Documents
4. Summary of Practice
2
2.1 ASTM Standards:
4.1 Organizational entities will implement property man-
E2135 Terminology for Property and Asset Management
agement systems in accordance with Practice E2279 and use
E2279 Practice for Establishing the Guiding Principles of
terminology cited in Terminology E2135.
Property Management
5. Significance and Use
3. Terminology
5.1 Continuing emphasis by interested stakeholders de-
3.1 Definitions:
mands that an entity dispose of surplus assets in the most
3.1.1 abandonment—to give up all and any future claim to
economical and efficient manner possible.
rights or interest in surplus property.
5.2 An efficient personal property reutilization and disposal
3.1.2 disposal—the processes involved in determining the
program should be done in a manner consistent with the
appropriate disposition for surplus property, including removal
entity’s goals and objectives.
of personal property from the property accounting system.
3.1.3 destruction—the process of ruining the structure, or-
6. Management and Utilization of Property
ganic existence, or condition of items after consideration for
6.1 Entities shall establish policies and implement account-
utilization, donation, recycling, sale, or abandonment.
ability systems to manage the reutilization and disposal of
personal property.
1 6.2 Property management systems should be capable of
This practice is under the jurisdiction of ASTM Committee E53 on Property
Management Systems and is the direct responsibility of Subcommittee E53.04 on
surveying its property needs and determine what property is no
Reutilization and Disposal.
longer required by the entity.
Current edition approved May 1, 2011. Published June 2011. Originally
approved in 2003 as E2306 – 03. DOI: 10.1520/E2306-11.
6.3 The disposal process for surplus personal property
2
For referenced ASTM standards, visit the ASTM website, www.astm.org, or
should involve the following processes: reutilization, donation,
contact ASTM Customer Service at service@astm.org. For Annual Book of ASTM
recycling, sale, and abandonment or destruction, or any other
Standards volume information, refer to the standard’s Document Summary page on
the ASTM website. appropriate method.
Copyright © ASTM International, 100 Barr Harbor Drive, PO Box C700, West Conshohocken, PA 19428-2959. United States
1
---------------------- Page: 1 ----------------------
E2306 − 11
7. Assessing Personal Property a law or contractual arrangement requires abandonment or
destruction action, or (4) written instructions by a duly autho-
7.1 Property should be screened throughout the entire entity
rized official (health, safety, law enforcement, etc.) directing
for potential reutilization in lieu of a new acquisition.
abandonment or destruction action.
8. Disposal of Surplus Personal Property
9.4 Abandonment or destruction shall be perf
...
This document is not an ASTM standard and is intended only to provide the user of an ASTM standard an indication of what changes have been made to the previous version. Because
it may not be technically possible to adequately depict all changes accurately, ASTM recommends that users consult prior editions as appropriate. In all cases only the current version
of the standard as published by ASTM is to be considered the official document.
Designation:E2306–03 Designation: E2306 – 11
Standard Practice for
Utilization and Disposal of Personal PropertyDisposal of
1
Personal Property
This standard is issued under the fixed designation E2306; the number immediately following the designation indicates the year of
original adoption or, in the case of revision, the year of last revision. A number in parentheses indicates the year of last reapproval. A
superscript epsilon (´) indicates an editorial change since the last revision or reapproval.
1. Scope
1.1This standard encompasses how excess and surplus personal property is utilized, donated, sold, abandoned or destroyed.
1.2Disposal is the final step in the final phase of the Personal Property Management Life Cycle. Disposal is a cost effective
meanstotransferpropertyfromaccountabilityrecordsofanorganization.Untildisposalactionoccursandisproperlydocumented,
the property remains on organizational property and financial records and therefore subject to costly cyclic inventories.
1.3This standard does not include disposal requirements specific to state or federal environmental or security regulations.
However, this standard enables an organizational to align or integrate state, federal, or its own requirements.
1.1 This practice encompasses the disposal of surplus personal property and how surplus property is donated, sold, recycled,
abandoned, or destroyed.
1.2 Disposal is the final step in the final phase of the Personal Property Management Cycle. Until the disposal action occurs
andisproperlydocumented,thepropertyremainsonanentity’spropertyandfinancialrecordsandthereforesubjecttocostlycyclic
inventories.
1.3 This standard does not include specific requirements for the classification of or the disposal of scrap items or materials.
1.4 This standard does not include specific governmental disposal requirements, or environmental, or security regulations.
However, this standard enables an entity to align or integrate those requirements into its own procedures.
2. Referenced Documents
2
2.1 ASTM Standards:
E2135
E2135 Terminology for Property and Asset Management
E2279
E2279 Practice for Establishing the Guiding Principles of Property Management
2.2 Other References:
The NPMA Federal Property Manual
Federal Property and Administrative Services Act of 1949
Federal Property Management Regulations
Federal Management Regulations
3. Terminology
3.1 Definitions:
3.1.1 abandonment and destruction—occurs when the surplus personal property has reached the end of its useful life and no
other disposal options are available. abandonment—to give up all and any future claim to rights or interest in surplus property.
3.1.2 disposal—the processes involved in the removal of personal property from the property accounting system after
assignment for utilization, donation, sale, abandonment, or destruction. —the processes involved in determining the appropriate
disposition for surplus property, including removal of personal property from the property accounting system.
3.1.3 destruction—the process of ruining the structure, organic existence, or condition of items after consideration for
utilization, donation, recycling, sale, or abandonment.
3.1.4 donations—direct transfer of title of surplus property to eligible donees and other specifically designated recipients.
1
This practice is under the jurisdiction of ASTM Committee E53 on Property Management Systems and is the direct responsibility of Subcommittee E53.04 on
Reutilization & Disposal.
Current edition approved July 10, 2003. Published July 2003. DOI: 10.1520/E2306-03.on Reutilization and Disposal.
Current edition approved May 1, 2011. Published June 2011. Originally approved in 2003 as E2306 – 03. DOI: 10.1520/E2306-11.
2
For referencedASTM standards, visit theASTM website, www.astm.org, or contactASTM Customer Service at service@astm.org. For Annual Book of ASTM Standards
volume information, refer to the standard’s Document Summary page on the ASTM website.
Copyright © ASTM International, 100 Barr Harbor Drive, PO Box C700, West Conshohocken, PA 19428-2959, United States.
1
---------------------- Page: 1 ----------------------
E2306 – 11
3.1.4excess—personal property that is no longer required by a program of an owning organization.
3.1.5 sale—a method of disposing of surplus personal property, by the organization or under the direction of another authorized
source, where interest or ownership in the property is exchanged for monetary reimbursement that is retained by the owning
organization. reutilization—finding another use for property alre
...
Questions, Comments and Discussion
Ask us and Technical Secretary will try to provide an answer. You can facilitate discussion about the standard in here.