PART XII. INVENTORY MANAGEMENT; STATE AND COUNTY PROPERTY

 

§103D-1201  Definitions.  As used inthis part, unless the context clearly requires otherwise:

"Administrator of the state procurementoffice" means the chief procurement officer for the governmental bodies ofthe executive branch of the State, other than the University of Hawaii,department of education, the several counties, and those governmental bodiesadministratively attached thereto.

"Excess property" means any propertywhich has a remaining useful life but which is no longer required by the usingagency in possession of the property.

"Expendable property" means allproperty other than nonexpendable property.

"Nonexpendable property" means allproperty having a unit cost and useful life which is set by rules adopted bythe policy board.

"Property" means all goods, includingequipment, materials, supplies, land, buildings, and other improvements to theland, also non-tangible items such as patents, inventions, and copyrights.

"Surplus property" means any propertythat no longer has any use to the State.  "Surplus property" includesobsolete, scrap, and nonexpendable property that has completed its useful lifecycle. [L 1994, c 186, pt of §1; am L 1997, c 352, §23]