ASTM E2306-03
Historical Standard: ASTM E2306-03 Standard Practice for Utilization and Disposal of Personal Property
SUPERSEDED (see Active link, below)
ASTM E2306
1. Scope
1.1 This standard encompasses how excess and surplus personal property is utilized, donated, sold, abandoned or destroyed.
1.2 Disposal is the final step in the final phase of the Personal Property Management Life Cycle. Disposal is a cost effective means to transfer property from accountability records of an organization. Until disposal action occurs and is properly documented, the property remains on organizational property and financial records and therefore subject to costly cyclic inventories.
1.3 This standard does not include disposal requirements specific to state or federal environmental or security regulations. However, this standard enables an organizational to align or integrate state, federal, or its own requirements.
2. Referenced Documents (purchase separately) The documents listed below are referenced within the subject standard but are not provided as part of the standard.
ASTM Standards
E2135 Terminology for Property and Asset Management
E2279 Practice for Establishing the Guiding Principles of Property Management
Keywords
abandonment; destruction; disposal; donation; reutilization; sale; surplus;
ICS Code
ICS Number Code 03.100.99 (Other standards related to company organization and management); 13.030.99 (Other standards related to wastes)
DOI: 10.1520/E2306-03
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