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IOWA STATE UNIVERSITY Excess Property Disposal Form Send form to: ISU Surplus 195 General Services Building Phone: 515/2947300 Fax: 515/2946394Date: ___Releasing Department: ___ Departmental Agent:___ (Signature)Contact

How to fill out excess property disposal

How to fill out excess property disposal

1. Step 1: Gather all the excess property that needs to be disposed of.
2. Step 2: Determine the condition of each item and separate it into different categories (e.g. functional, damaged, obsolete).
3. Step 3: If there are any items that can be resold or reused, consider selling or donating them to minimize waste.
4. Step 4: Create a list or inventory of all the excess property, including their condition and any associated documentation.
5. Step 5: Contact the appropriate department or agency responsible for handling excess property disposal and follow their guidelines on how to proceed.
6. Step 6: Complete any necessary paperwork or forms required for the disposal process.
7. Step 7: Arrange for the pickup or drop-off of the excess property as directed by the disposal agency.
8. Step 8: Provide any requested documentation or proof of disposal to ensure proper record-keeping.
9. Step 9: Follow up with the disposal agency to confirm that the excess property has been properly disposed of.

Who needs excess property disposal?

1. Government agencies
2. Organizations or businesses with surplus or unused property
3. Individuals or households with excess property
4. Non-profit organizations

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What is excess property disposal?

Excess property disposal refers to the process of selling, donating, or otherwise disposing of property that is no longer needed by an organization or government entity.

Who is required to file excess property disposal?

Organizations, including government agencies and certain nonprofits, that have property they wish to dispose of are typically required to file excess property disposal.

How to fill out excess property disposal?

To fill out excess property disposal, organizations must complete a specific form detailing the type of property, its condition, and potential market value, along with the reason for disposal.

What is the purpose of excess property disposal?

The purpose of excess property disposal is to efficiently manage assets, reduce storage costs, recover value from unneeded items, and ensure compliance with regulations.

What information must be reported on excess property disposal?

Information that must be reported includes a description of the property, condition, acquisition date, estimated value, method of disposal, and any relevant approval signatures.