Factors affecting the Rate of Disposal of Assets in Public Sector Organizations: A Case Study of Yatta Sub-County-Kenya

Susan A. M. () and G.S. Namusonge

International Journal of Academic Research in Business and Social Sciences, 2014, vol. 4, issue 5, 1-17

Abstract: Disposal of unwanted assets is a critical element of stores and equipment management in any organization. When, for example, equipment is obsolete, continuing to keep it through maintenance, storage, parking, insurance, etc. may well exceed the returns that can be derived from the use of that equipment. Public entities in Kenya have specific disposal procedures and guidelines as provided for in the Public Procurement and Disposal Act, 2005 and Public Procurement and Disposal Regulations, 2006. This research project was a case study that sought to assess the factors affecting the rate of disposal of assets by the public sector organizations within Yatta Sub-County. A census was carried out on all the 28 Government Departments whereby 60 employees who were considered to have relevant information to the study were taken as the respondents. Questionnaires, interview guide and observation schedule were used to collect data. The study attained a 100% response rate. The findings of the study were that overall; the rate of disposal in public sector organizations in Yatta sub- county was low and that the process of procurement planning for disposal was reported as long and tedious.

Keywords: The; rate; of; asset; disposal (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:hur:ijarbs:v:4:y:2014:i:5:p:1-17

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