Sale of assets

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Sale and Disposal of Assets Council Policy 199.67 KB

Assets

We may sell or dispose of assets through the following methods:

direct sale through public advertisement
public auction
invitation to tender (select or open)
donation to community groups and/or charitable institutions
vehicle trade or sale in arrangements consistent with Council’s Fleet Management Administration Policy
disposal to waste.

Land

Council may sell or dispose of land through the following methods:

direct purchase
verbal quotations
written quotations
select invitation to tender
open invitation to tender.

Considerations

When selling assets or land we may need to consider:

the number of known potential purchases
original intention for the use of the asset or land when purchased
current and possible preferred future use of the asset or land
opportunity to promote local economic growth and development
total estimated value of the sale
compliance with statutory and other obligations
urgency of the sale or disposal
condition of the asset(s)
cost of the sale against the value or return of the asset(s).

More information

Sale and disposal of assets policy

Email the Service Centre or contact 8416 6333.

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