Tenn. Comp. R. & Regs. 0690-02-01-.11 - DETERMINATION OF VALUE OF SURPLUS AND METHOD OF DISPOSAL

(1) When an item is declared surplus, the commissioner of the releasing department or head of the releasing agency, commission, or board where such agency, commission, or board is not under the jurisdiction of a commissioner, shall establish an estimated value and suggest a possible method of disposal.
(2) A State property officer, after inspection at the point of origin, if practicable, shall submit to the Director of the State Personal Property Utilization Division a written recommendation as to estimated value and method of disposal.
(3) The final determination as to estimated value and method of disposal shall be made by the Commissioner in conformity with the criteria set out in rule 0690-2-1-.05(2).

Notes

Tenn. Comp. R. & Regs. 0690-02-01-.11
Original rule filed April 20, 1978; effective July 14, 1978.

Authority: T.C.A. ยงยง 12-2-401 through 12-2-414 and Public Acts of 1976, Chapter 821.

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