PLANT PROPERTY CLASS 3. –Plant propertyclass 3 includes equipment, other than industrial plantequipment, that meets all the following criteria:Has a first unit cost of
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,000 or moreHas an expected normal useful life of 1 year or moreIs not specifically excluded by appropriate authorityIs used in furtherance of the assigned mission of anactivity, including the functions of all subordinatesubdivisions of the activityIs not altered beyond further use as an equipmentitem in performance of work within its designedcapabilitiesIs not part of another equipment itemHas been issued to the activity for useDoes not, by nature of its installation or use, forman integral part of a plant property class 2 itemPLANT PROPERTY CLASS 4. –Plant propertyclass 4 includes all equipment and machine tools havingan initial acquisition cost of
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,000 or more andidentified by specific four-digit special commoditycodes (SCCs) and production equipment codes (PECs)as industrial plant equipment.Minor PropertyMinor property in use generally consists of propertyof a capital nature that meets all the criteria for plantproperty class 3 except the
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,000 criterion. It alsoincludes those items that meet all the criteria for class 3but that have been specifically excluded from class 3,such as office desks, tables, filing cabinets, and lockers.MISSING, LOST, STOLEN, ORRECOVERED GOVERNMENT PROPERTYThe Navy has long recognized the importance ofmaintaining statistics to determine where, when, andhow Navy property was missing, lost, or stolen. Basedon this premise, missing, lost, stolen, or recovered(MLSR) government property reports must besubmitted to proper authorities within the Departmentof the Navy (DON). DON’s ultimate goal is to improvethe Navy’s physical security program. To ensure theMLSR program’s success, commands must report allMLSR incidents and accurately describe thecircumstances. The major benefit will be significantimprovements in ship and shore physical securityprograms. The reporting of these incidents by an MLSRreport is independent of the Naval InvestigativeService’s request for investigative assistance.Details of the MLSR program are given inSECNAVINST 5500.4D. All master and senior chiefsshould be familiar with this instruction. It specificallycovers the following categories of materials; MLSRreports must be made when items in these categories aremissing, lost, stolen, or recovered:All serialized property having a value of 0 ormore that is owned, leased, rented, or borrowedby the Navy.All unserialized property having a value of 0or more that is owned, leased, rented, orborrowed by the Navy.All unserialized property that is owned, leased,rented, or borrowed by the Navy considered tobe sensitive items regardless of the actual orestimated value. Sensitive items for this purposeare considered to be precious metals, highlytechnical devices, and classified material.All serialized or unserialized property itemsexceeding 0 (even though a single item doesnot exceed the 0 minimum) involved in acumulative loss through the same incident.In addition to MLSR reports, surveys are alsorequired. Specific procedures for conducting surveysare given in supply publications. The basic proceduresare described in the following paragraphs.SURVEYSA survey is the procedure required when Navyproperty (except incoming shipments) is lost, damaged,or destroyed. The purpose of a survey is to determinethe responsibility for the lost, damaged, or destroyedproperty and to determine the actual loss to thegovernment. A true determination can be made onlythrough a thorough research of the facts surrounding theloss or damage. This research should not be limited tosimply verifying statements of interested parties. It mustbe broad enough to ensure the full protection of theinterests of the government, as well as the rights of theindividual(s) or Navy activities concerned. A review isrequired to prove or refute statements of interestedpersons and to place responsibility where it belongs.Preliminary ResearchImmediately upon the discovery of the loss,damage, or destruction of government property, the6-18
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