Professional Documents
Culture Documents
Short-Term Asset
- Cash
- Marketable Securities
- Accounts Receivables
- Prepaid Assets
Long-Term Asset
- Land
- Buildings
- Office Equipment
- Furniture and Fixtures
- Softwares
Is a systematic process of deploying,
operating, maintaining, upgrading and
Disposing of assets cost effectively
“All resources of the government shall be managed,
expended or utilized in accordance with law and
regulation, and safeguarded against loss or wastage
through illegal or improper disposition, with view to
ensuring economy, efficiency and effectiveness in the
operation of the government”
5
Phases of Property and Supply Management
Acquisition
Procurement
Delivery
Inspection
Acceptance of Delivery
Utilization
a. Recording & maintaining
SC & PC
Inventory
b. Preparation of Issuance
Taking
Documents (RIS, PAR & ICS)
c. Preparation of Inventory
Report (Semi-Annual & Annual)
Disposition
Transfer of Property
Sale of Unserviceable
Modes of Acquiring Government Property
1. Purchased
2. Constructed
3. Acquired (Transfer/Donation)
• Non-Exchange Transaction
• Donation without Condition
• Donation with Condition
• Grant
• Intra-Agency Transfer
• Inter-Agency Transfer
• Exchange Transaction
7
Role of Supply Officer / Property Custodian
“LIQUIDATED DAMAGES”
1. Force Majeure
2. Fortuitous Event
3. Beyond the control of the contractor
4. Delay is attributable to the purchaser
or the like
The Supply Officer / Designated Property
Custodian shall receive all the deliveries and signs
the Delivery Receipt (DR) if the delivered goods
are in accordance with the contract or Purchase
Order (PO).
Regular Members:
a). Team Leader – at least 2nd ranking
permanent official of school
Provisional Member:
Regular Members:
a). Team Leader – at least 3rd ranking permanent
official of the procuring entity
Provisional Member:
Supply Ledger
Stock Card
Card
PPE Ledger
Property Card
Card
Sample Reconciliation
of Stock Card and Supply
Ledger Card
Central and Regional Offices procured
items delivered directly to school
Deped No. 82 s. 2011
• Guidelines on Proper
Recording of all Donated
Properties
30
Sample Deed of Donation
31
DO Order No. 82 s. 2011
The DONOR shall provide the DONEE a
DEED OF DONATION
At the School It must be properly signed between the
Donor and Head of School or
Level Representative
The School Property Custodian accepts the The HS Supply Officer accepts the delivery
delivery and records the delivery to the and record the same to the Property
Property/Stock Card and School Inventory Card/Stock Card and School Inventory
Report Report
Requesting Office
Requesting Personnel
Requesting Personnel
forwards the RIS to
prepares RIS in 3 copies and
authorized official for
fills-up necessary information
review
Accounting Division
Expendable, Semi-
Stock Card
Expendable and equipment
< P 15,000.00
RIS
Requisition and Issue Slip
PAR ICS
Property Acknowledgement
Receipt Inventory Custodian Slip
Condemnation / Destruction
Transfer of Property
Donation of Property
Availability of
pertinent data
Appraised Value -
an estimate or opinion of value of a described
property as of a specific date transmitted in writing
and supported by relevant and factual data
transfer of ownership
financing and credit
basis for taxation/taxes
just compensation in sale
or condemnation
procedures
Determine and identify
the items for disposal
Sale of Unserviceable
Take Pictures
Asset Management
Submit the IIRUP and Division forwards copy to
Disposal Committee
Waste Material Report Accounting Division for
transmit approve IIRUP
with appraised value to dropping from the book
and Waste Material to
the Disposal Committee of accounts
BAC on Disposal
for approval
Principles in computing for the Appraised Value
Unserviceable property -
at scrap/junk value
AV = Appraised Value
CMV = Current Market Value
CF1 = Condition Factor of the Property
CF2 = Condition Factor of the Advertised/Canvassed Property
When Property is still
Operational/Functional or can be
Repaired - at CMV
1. Conduct inspection
2. Seek reference price information
3. Compute the appraised value
Articles Quantity Unit Cost Total Cost Property No. Date No. of years Accumulated Receipt Amount
Acquired in service Depreciation Number
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16)
I HEREBY request inspection, and disposition I CERTIFY that I have inspected each and every
pursuant to Section 79 of PD 1445, of the Property article enumerated in this report and that the I CERTIFY that I have witnessed the diposition
enumerated above. disposition made thereof was, in my judgement, the of the article enumerated on this report this
best for the public interest. ______ day of ______________________.
Agency
TOTAL
Certified Correct: Disposal Approved:
Property Officer
CERTIFICATE OF INSPECTION
I hereby certify that the property enumerated above was disposed of as follows: