102-36.240—What are the disposal condition codes?
The disposal condition codes are contained in the following table:
| Disposal condition code | Definition |
|---|---|
| 1 | New. Property which is in new condition or unused condition and can be used immediately without modifications or repairs. |
| 4 | Usable. Property which shows some wear, but can be used without significant repair. |
| 7 | Repairable. Property which is unusable in its current condition but can be economically repaired. |
| X | Salvage. Property which has value in excess of its basic material content, but repair or rehabilitation is impractical and/or uneconomical. |
| S | Scrap. Property which has no value except for its basic material content. |