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Definitions
- Excess
- Equipment (not salvage
or scrap) which is not required by any division within UCAR and
which is, therefore, to be disposed of outside of UCAR. Such items
are "excess" to UCAR's needs.
- Surplus
- Equipment that is
not required by any Government agency. (Excess Government-owned
equipment is made available by UCAR to NSF, then by NSF to other
Government agencies. If not claimed, it becomes Government surplus
and eligible for donation or sale by the General Services Administration.)
- Salvage
- Equipment that, because
of its worn, damaged, deteriorated, or incomplete condition or
specialized nature, has no reasonable prospect of sale or use
as serviceable property without major repairs, but has some value
in excess of its scrap value.
- Scrap
- Equipment that has
no value except for its basic material content.
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