AN ACT TO AMEND TITLE 29, DELAWARE CODE, BY ESTABLISHING PROCEDURES FOR THE SALE OF STATE OWNED MATERIEL.
Be it enacted by the General Assembly of the State of Delaware:
Section 1. Title 29, Delaware Code, is hereby amended by adding a new Chapter thereto to read as follows:
CHAPTER 70. SALE OF STATE OWNED MATERIEL
§ 7001. Definitions
(a) As used in this chapter, the term "agency" shall have the same meaning as defined in section 6301 of this title.
(b) As used in this chapter, the term "materiel" shall mean materials, equipment, vehicles, tools, supplies and any other personal property, but does not include real property such as but not limited to land, ponds and buildings.
§ 7002. Sale of State owned materiel
Every agency shall have the authority to trade in materiel in the purchase of replacement materiel, and to sell surplus or obsolete materiel under its jurisdiction, subject to the following limitations: before an agency sells any single item or quantity of similar items of materiel having a fair value of $100 or more it shall give two weeks written notice of the availability of such materiel to all State agencies. Agencies having requirement for such materiel may submit sealed bids on the items to be opened at a time designated by the agency disposing of the materiel and said items shall be sold to the agency submitting the highest bid. In the event no State agency submits a bid on such materiel it may be placed for public sale, either at auction or by written, sealed bids, provided that notice of such sale shall be advertised at least once a week for 2 consecutive weeks in a newspaper published or circulated in each county of the State, and the materiel shall be sold to the highest bidder.
Approved May 9, 1966.