SFFORMS.COM – SF 428C Form – Tangible Personal Property Report – Disposition Request/Report – Are you a business owner or manager who needs to report and dispose of tangible personal property? If so, you may be required to fill out Form SF 428C, also known as the Tangible Personal Property Report – Disposition Request Report. This form is used by government agencies to track and monitor the disposition of equipment and other assets that are no longer needed.
The SF 428C form provides an easy way for businesses and organizations to report their tangible personal property, including items such as office furniture, computers, vehicles, machinery, and more. By filling out this form accurately and submitting it on time, you can ensure that your organization stays compliant with government regulations and avoids any potential fines or penalties.
Download SF 428C Form – Tangible Personal Property Report – Disposition Request/Report
Form Number | SF 428C Form |
Form Title | Tangible Personal Property Report – Disposition Request/Report |
File Size | 113 KB |
Date | 06/2017 |
What is an SF 428C Form?
The SF 428C Form or Tangible Personal Property Report – Disposition Request Report is a document used by federal agencies to report the disposition of personal property. This form is used to track the transfer, sale, donation, or disposal of tangible items such as furniture, equipment, and vehicles that are owned by the government. It is essential for ensuring accountability and transparency in the management of federal assets.
The SF 428C form includes details such as the description and quantity of items being disposed of, the date and manner of disposition (e.g., sale or donation), and information about any proceeds received from disposal. Once completed, this form must be submitted to appropriate authorities for review and approval before disposing of any tangible personal property.
In summary, the SF 428C Form serves as an important record-keeping tool for federal agencies when it comes to managing their tangible personal property. By accurately reporting on disposals using this form, they can ensure their asset management practices meet legal requirements while avoiding potential issues with audits or other forms of scrutiny.
What is the Purpose of the SF 428C Form?
The SF 428C Form is a Tangible Personal Property Report that serves as the Disposition Request Report. This form is usually used by federal agencies and state governments to report the disposition of tangible personal property that was purchased through federal funds. The purpose of this form is to provide information on how the property has been disposed of, whether it has been transferred or sold, or if it has been abandoned or destroyed.
The SF 428C Form must be filled out by all organizations that have received tangible personal property worth more than $10,000 from a federal agency. The form requires detailed information about the acquisition and disposition of each item, including its original cost, current value, method of disposal and any proceeds generated from its sale. In addition to this information, organizations are also required to provide an explanation for any discrepancies in their reported asset values.
Overall, the purpose of SF 428C Form is to ensure accountability and transparency in government procurement processes. It provides a systematic way for agencies to track the use and disposal of federal assets while also safeguarding taxpayer money against fraud and waste.
Where Can I Find an SF 428C Form?
The SF 428C form is a crucial document required when disposing of tangible personal property owned by the federal government. It helps ensure that all property disposals are documented and accounted for, making it an essential part of maintaining transparency in the handling of government assets. However, finding this form can be challenging as it is not readily available on most government websites.
One way to find an SF 428C form is to check with your agency’s internal forms library or procurement office. They may have a copy available for download or can provide you with information on how to obtain one. Additionally, you can try searching for it online using keywords such as “SF 428C” or “Tangible Personal Property Report.” Several third-party websites offer downloadable versions of various government forms.
Lastly, if you are still unable to locate the SF 428C form, you may contact the General Services Administration (GSA) directly through their website or by phone. The GSA oversees federal property management policies and procedures and should be able to assist in obtaining the necessary paperwork needed for proper disposal of tangible personal property.
SF 428C Form – Tangible Personal Property Report – Disposition Request/Report
The SF 428C form is used by federal agencies to report and request the disposition of tangible personal property. This type of property includes physical items such as furniture, equipment, and vehicles that have a value greater than $5,000. The form is required annually for all federal agencies in order to ensure proper management and control over government-owned property.
The Tangible Personal Property Report section of the SF 428C requires agencies to provide information on their inventory of tangible personal property. This includes details such as the number of items owned, their description, acquisition cost, current value, condition code, location code and more. The Disposition Request Report section allows agencies to report when an item has been disposed of or transferred from one agency to another.
Accurate reporting is crucial for ensuring that taxpayer-funded resources are properly managed and accounted for. Failure to comply with reporting requirements can result in fines or other penalties. Therefore it is important for federal agencies to take this process seriously and devote adequate resources towards maintaining accurate records regarding their tangible personal property inventory.