April 16, 2012 - Cabarrus County

Article 9SURPLUS PROPERTYThe Purchasing Agent is responsible for administering the sale and disposal of surplusequipment, materials and supplies. Each department shall report all surplus or obsoleteequipment, materials and supplies to the Purchasing Agent.Disposition may be by any of the following means:1) Transferring to other departments;2) Trade-in on new equipment (as established in NCGS § 143-129.7);3) Sale by public auction (electronically via GovDeals.com);4) Private negotiation and sale;5) Advertising for sealed bids’6) Negotiated offer and upset bidWhen surplus, obsolete or work out materials or equipment is sold, it will be done througharrangements by the Purchasing Agent in conformance with North Carolina State statutesand competitive conditions, including when necessary, newspaper advertising, electronicadvertising, and sealed bids. Other departments will have the opportunity to acquire surplusitems before disposal, if appropriate.The Finance Department must be notified of all dispositions of equipment that are on thefixed asset inventory list.Page 42 of 48Attachment number 1F-6Page 114