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Alaska Administrative Code (Last Updated: January 12, 2017) |
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Title 3. Commerce, Community, and Economic Development. |
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Part 3.1. Banking, Securities, Small Loans and Corporations. |
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Chapter 3.100. Procurement. |
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Article 3.100.5. Other Procurement Methods. |
Section 3.100.630. Supply inventory records.
Latest version.
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(a) The chief procurement officer shall establish and maintain inventory records for non-consumable supplies owned and managed by the authority. The records must include (1) non-consumable supplies with a unit acquisition cost of more than $5,000; (2) supplies determined by the chief procurement officer to be sensitive, regardless of cost; and (3) lease purchase or installment purchase equipment or long-term rental equipment. (b) Theft of supplies valued at $500 or more shall be immediately reported to the appropriate law enforcement agency. All lost, stolen, or destroyed supplies shall be reported to the executive director. (c) If there is a conflict between 3 AAC 100.630 - 3 AAC 100.640 and the requirements of a bond resolution or a funding agreement, the requirements of the bond resolution or the funding agreement prevail.
Authorities
36.30.015;44.88.080