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Surplus Inventory

Surplus Property
The college may classify as surplus any of its property that is obsolete or the continued use of which is uneconomical or inefficient, or which serves no useful function. In consideration of the best interests of the college, the college may offer surplus property to other governmental units or may offer the property to private nonprofit agencies as defined in F.S. 273.01 subsection .055 by sale or donation. The cost of transferring the property shall be paid by the governmental unit or private nonprofit agency purchasing or receiving the donation of the surplus property.

Sale of Property
Surplus Property may be disposed of in the most efficient and cost-effective means as determined by the Purchasing Director. Normal procedures would include the following:

  1. Establish a time and date for the property sale.
  2. Advertise the property to be sold in a legal ad, and classified ad if appropriate.
  3. Advertise via e-commerce at www.publicsurplus.com
  4. Sell to the highest bidder on an “as is, where is” basis.

No warranty or guarantee, express or implied, will be given on any surplus property being sold by the college. Additional advertising in appropriate technical, trade, or e-commerce forums may be used if it is deemed in the best interest of the college to do so.

Transfer of Title
Title transfers for vehicles and boats, when appropriate, will be processed by the Purchasing Director or the VP of Financial and Administrative Services.