Section R2-15-301. Definitions

In this Article, unless the context otherwise states:

“Capital asset” has the same meaning as “nonexpendable materials” in A.R.S. § 41-2601.

“Department” means the Department of Administration.

“Direct transfer” means the transfer of surplus or excess mate- rials by the Surplus Property Management Office from one state governmental unit to another without physically moving the property to the Surplus Property Management Office.

“Director” means the director of the Department of Adminis- tration.

“Established markets” means those places where materials are regularly bought and sold at prices set by open competition.

“Fair market value” means the price at which sales have been consummated for materials of like type, quality, and quantity in a particular market at the time of acquisition.

“General Accounting Administrator” means the person hold- ing the position as Administrator of the General Accounting Office, Financial Services Division of the Department of Administration.

“Posted prices” means the sale price determined by the Sur- plus Property Administrator to be fair market value.

“State governmental unit” means any department, commis- sion, council, board, bureau, committee, institution, agency, government corporation or other establishment or official of the executive branch or corporation commission of this state.

A.R.S. § 41-2503.

“State plan of operation” means the agreement for acquiring federal surplus property  between  the state  and the  United States General Services Administration.

“Surplus Property Administrator” means the person holding the position as Administrator of the Surplus Property Manage- ment Office, Management Services Division of the Depart- ment of Administration.

Historical Note

Adopted as an emergency effective January 1, 1985, pur- suant to A.R.S. § 41-1003, valid for only 90 days (Supp. 84-6). Emergency expired. Permanent rule adopted effec- tive April 3, 1985 (Supp. 85-2). Transferred from R2-7-

801 (Supp. 91-3). Amended effective April 2, 1993 (Supp. 93-2). Amended by final rulemaking at 10 A.A.R.

3267, effective September 24, 2004 (Supp. 04-3).