(a) Excess Supplies means any supplies other than expendable supplies having a remaining useful life but which

93

COL 7/27/2023

5 Guam Code Ann. GOVERNMENT OPERATIONS
CH. 5 GUAM PROCUREMENT LAW

are no longer required by the using agency in possession of the supplies.

(b) Expendable Supplies means all tangible supplies other than nonexpendable supplies.

(c) Nonexpendable Supplies means all tangible supplies having an original acquisition cost of over One Hundred Dollars ($100.00) per unit and a probable useful life of more than one (l) year.

(d) Supplies means supplies owned by Guam. (See § 5030(a) of this Chapter).

(e) Surplus Supplies means any supplies other than expendable supplies no longer having any use to Guam. This includes obsolete supplies, scrap materials and nonexpend- able supplies that have completed their useful life cycle.

SOURCE: GC § 6971. MPC § 8-101.

2023 NOTE: References to “”Territory”” replaced with “”Guam”” pursuant to 1 Guam Code Ann. § 420.