Eo Inventory 3
Eo Inventory 3
Eo Inventory 3
Province of Bohol
Municipality of Calape
BARANGAY LUCOB
WHEREAS, the local Government Code mandates local government units to conduct periodic inventory
of all their properties as well as disposal of unserviceable properties to ensure proper accountability;
WHEREAS, there is a need to create a committee that will, among others, conduct regular inventory
and cause the proper disposal of unserviceable property of the Barangay Government of Lucob;
A. The Barangay Property Inventory and Disposal Committee in the Barangay Government of Lucob
,Calape. Bohol, hereinafter referred to as the Committee, is hereby created to consist of the following
members:
B. The above – mentioned barangay officials – members of the Committee may assign representatives
from their respective Offices/Sections during the conduct of inventory and disposal.
Section 2. Duties and Functions – The committee shall ensure the implementation of the inventory
and disposal and shall perform the following duties and functions:
A. Periodically conduct physical count and compare with property and treasurer records to help
reduce the risk of errors and fraud, misuse and unauthorized alteration;
B. Establish physical control to secure and safeguard assets, such as limited access to
inventories and equipment to prevent loss and unauthorized use;
C. Ensure accurate and timely recording of transactions in property record;
D. Ensure that all government property is used for intended purposes;
E. Conduct proper disposal of unserviceable properties through prescribed procedures;
F. Conduct ocular inspection of the property to be appraised to assess its physical condition
following the inspection process provided by the supply management manual of the
Commission of Audit;
G. Seek reference price information such as acquisition cost or current market value and also
to come up with consensus recommendation on the mode of disposal to be submitted to the
proper body;
H. Submit preliminary reports thereon as may be needed by the Municipal accounting office;
I. Submit its final findings and recommendations to the Municipal accounting office not later
than three (3) months from date of issuance of this order;
J. Perform such other functions as may be provided by law or competent authority.
VICTORINA A. TOLANG
Punong barangay