| (a) Priority of claim.
(1) The first state agency, political subdivision or
assistance organization that agrees to the established price before
the expiration of ten (10) business days shall be entitled to the
property; provided, however, a state agency shall have first priority
over all other entities.
(2) In the event two competing and equivalent requests
are received from parties of equal standing, the Commission shall
award the property in the best interests of the state. Two or more
requests shall be considered "competing and equivalent" for purposes
of this section if each meets the established price on the same business
day and within the ten (10) business day period following posting
on the Commission's website.
(b) Reporting requirements. When a transfer of property
is made to a political subdivision or assistance organization, the
state agency disposing of the property must ensure the completion
of a "Certificate of Acquisition" form. In completing the Certificate
of Acquisition, the political subdivision or assistance organization
certifies its continued qualification as an entity entitled to receive
state surplus or salvage property, acknowledges receipt of property,
and certifies that the property will be used for the purpose expressed
by the organization at the time of application. The completed "Certificate
of Acquisition" is to be retained by the state agency and a copy should
be sent to the Commission within 5 business days of transfer. After
the transfer, the state agency disposing of the property must document
the proceeds from sale into the Comptroller's State Property Accounting
System.
|
