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ASTM E2306-11

Historical Revision

Standard Practice for Disposal of Personal Property

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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 entitys 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.


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 entitys goals and objectives.

SDO ASTM: ASTM International
Document Number E2306
Publication Date May 1, 2011
Language en - English
Page Count 2
Revision Level 11
Supercedes
Committee E53.04
Publish Date Document Id Type View
July 1, 2018 E2306-18 Revision
March 1, 2013 E2306-13 Revision
May 1, 2011 E2306-11 Revision
July 10, 2003 E2306-03 Revision