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Furniture, Fixtures & Equipment Reserve

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Bid Information

Bid Alert No: 00000488952

Bid Title: Furniture, Fixtures & Equipment Reserve

Agency Bid No. Title: CIP-1603

Received Date: 02/17/2016

Close Date: Not Stated

Purchase Type: Advance Notification

Delivery Date: Not Stated


The Furniture, Fixtures & Equipment (FF&E) Reserve is a holding account to fund the replacement and repair of capital assets and soft goods thattypically have an individual valuation of less than $50,000. Such items consist of movable furniture, fixtures or other equipment that have nopermanent connection to the structure of a building or utilities. Examples includes tables and chairs in recreation facilities, kitchen equipment inrental facilities, and specialized law enforcement equipment (e.g. protective vests). Funds in the FF&E Reserve can be used in conjunction withother sources. When the repair or replacement of an item is warranted, funding is transferred from this account into a separate project account forimplementation and expenditure tracking purposes. In accordance with the Citys budget and transfer policies, all transfers in excess of $20,000from this holding account require City Council approval.

Bid Related Documents

Download Advance Info

Product Codes: 42000, 42500

Agency Information

Issuing Agency: City of Concord

State: California

Agency Type: State and Local



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