1. (a) Pursuant to RSA 21-I:12, I (a)(6), upon acceptance of an item from any entity that is part of New Hampshire state government, other than property obtained by the state as the result of a forfeiture or seizure, state surplus management shall assign to the item an initial estimated disposal value, consisting of an estimate of the item’s likely sales price, which shall:

   1. (1) Include an estimate of the item’s fair market value;
   2. (2) Include the amount of any handling charge described in RSA 21-I:11, I(a)(6); and
   3. (3) Take into account such factors as may bear upon the amount for which the item may sell, such as condition.

2. (b) State surplus management shall, upon an item being offered for redistribution or disposal, note on the form described at Adm 611.07 either:

   1. (1) That the item possesses no value under (a) above; or
   2. (2) The initial estimated disposal value.
3. (c) In the event that circumstances prior to the redistribution or disposal of the property indicate that the initial estimated disposal value is no longer accurate, that value shall be adjusted.

Source. (See Revision Note at part heading for Adm 611) #10364, eff 7-1-13; amd by #10827, eff 5-16-15; ss by #13708, eff 7-29-23 (see Revision Note at chapter heading for Adm 600)