0690-02-01-.05
Criteria For Determination Of Method Of Disposal
Cite as Tenn. Comp. R. & Regs. 0690-02-01-.05
(1)
If the Commissioner approves the declaration of property as surplus, the method of disposal
shall be determined by the Commissioner from the alternatives set forth in .03(1) of this
chapter. Written documentation for the selection of method of disposal shall be maintained.
(2)
Priorities for the selection of the method of disposal shall be in the order listed in rule .03(1) of
this chapter. The selection of any method other than the first priority shall be justified in
writing in terms of the following criteria:
(a)
The character, utility, and functionality of the property;
(b)
The economics of disposal in light of all relevant circumstances attendant the proposed
disposal, including the condition and climate of the potential market and present
estimated market value of the property, transportation costs, and other cost factors
associated with disposal; and
(c)
Sound fiscal and budgetary policy and practices.