Special categories of stores 5. Acts Other legislation Surplus Asset Disposal by the Commonwealth Government Goal To achieve the best possible outcome for the Commonwealth. Aims To achieve the best available net return when selling. To treat correctly goods requiring special consideration in their disposal. To be even-handed, open and honest in all dealings.
All government agencies are concerned with delivering cost-effective programs.
In doing so, they must at times have regard to the disposal of assets no longer required by their organisations the final process in asset management. These guidelines have been developed specifically for the use of Commonwealth government agencies subject to the Financial Management and Accountability Act 1997 . The best value return or outcome to the Commonwealth should be a major consideration when disposing of surplus assets. Open and effective competition is also a core philosophy in the sale of surplus assets. Essentially, government selling activities should be visible and accessible, and there should be the opportunity for organisations and members of the public to do business with the Commonwealth.