Disposition

Upon completion or termination of a traffic safety grant or subcontract, or if it is determined by TRF-BTS that equipment and supplies are no longer needed for the purpose for which they were acquired, the equipment and supplies will, at the option of TRF-BTS, become the property of TRF-BTS. Therefore, permission for disposition must be obtained from TRF-BTS before any action can be taken regarding the equipment. Some of the possible disposition actions include, but are not limited to:
  • Transfer from federal inventory to state inventory.
  • Declaration of inoperability and relegation to salvage or sale at auction.
  • Return to TRF-BTS from the subgrantee.
  • Declaration that equipment is damaged beyond repair or salvage.
  • Sale at auction and return of proceeds to TxDOT for reconciliation with federal funding.
  • Allowing the organization to use the equipment and/or supplies for other than traffic safety activities provided compensation is made to the Traffic Safety Program, based on fair market value.
See the “Useful Life and Residual Value” section and accompanying table on Pages 3 and 4 of the of the Department of Information Resources publication
“Guidelines for Lease vs. Purchase”
to assist in determining the useful life of equipment.