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KENYA FERRY SERVICES LIMITEDTENDER DOCUMENT FOR
DISPOSAL OF IDLE ASSETSTENDER NO. CFS/DISC/03/04/2019KENYA FERRY SERVICES LTD. O. Box 9624280110
MOMBASA
KENYA, EAST AFRICA
TEL.: + 0728722100/0723664000
Email:
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How to fill out disposal of idle assets
How to fill out disposal of idle assets
01
Identify the idle assets that need to be disposed of.
02
Evaluate the condition and value of the assets to determine the best method of disposal.
03
Research and identify potential buyers or disposal methods such as auctions, online listings, or selling to a third party.
04
Prepare the necessary documentation for the disposal process, such as asset descriptions, transfer of ownership forms, and legal agreements.
05
Advertise the assets for sale or disposal through suitable channels.
06
Negotiate with potential buyers or disposal agents to get the best value for the assets.
07
Complete the legal and financial procedures for transferring the assets to the new owner or disposing of them properly.
08
Document and maintain records of the disposal process for future reference and auditing purposes.
Who needs disposal of idle assets?
01
Businesses that have idle assets they no longer require.
02
Organizations looking to liquidate or free up capital tied to idle assets.
03
Government agencies or institutions managing surplus or obsolete equipment.
04
Individuals looking to sell or get rid of their unused assets.
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What is disposal of idle assets?
Disposal of idle assets refers to getting rid of assets that are no longer in use or needed by a company.
Who is required to file disposal of idle assets?
Companies or individuals who own assets that are no longer needed and are looking to dispose of them are required to file disposal of idle assets.
How to fill out disposal of idle assets?
To fill out disposal of idle assets, one must provide details of the assets being disposed of, the reason for disposal, and any relevant financial information.
What is the purpose of disposal of idle assets?
The purpose of disposal of idle assets is to remove unused or unnecessary assets from a company's balance sheet to improve efficiency and reduce costs.
What information must be reported on disposal of idle assets?
Information such as the description of the assets, their initial cost, the date of disposal, the method of disposal, and any gains or losses incurred must be reported on disposal of idle assets.
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