Management of the proceeds from recycled materials

Google+

Facebook

LinkedIn

Twitter

Digg

StumbleUpon

Sale of Property Containing Hazardous Materials

Distribution of Proceeds

Coast Guard Qualified Recycling Program (QRP) Policy - index
Page Navigation
14

COMDTINST 16477.5

In addition, all contracts that include the sale of property containing hazardous materials

shall include: The purchaser agrees:

(a) That the material purchased from Coast Guard will be properly transported,

recycled, reused or disposed of in accordance with all applicable laws and

(b) To notify the Coast Guard if the materials are sold or transferred to another

agent/brokerage company; and

(c) To allow Coast Guard officials to inspect their recycling (and/or disposal)

Donating to Local, Municipal, or Other Recycling Programs: Where collected materials

cannot be sold to a recycling contractor/broker, a CG unit should investigate a method to

donate the recyclable material to a local community, nearest DRMO, or GSA recycling

program, IAW reference (d). This practice will result in increased recyclable stock for the

local community, as well as a disposal savings or cost avoidance to the CG.

8. MANAGEMENT OF PROCEEDS FROM RECYCLED MATERIALS.

a

General. The proper management of the proceeds of a QRP is the responsibility of the unit.

While FINCEN may handle the accounting, including the receipts and disbursements of the

recycling proceeds, it is done at the direction of the unit's commanding officer/officer- in-

charge. The unit must provide explicit instructions for the distribution of any recycling

proceeds.

b Receipts. Proceeds* from the sale of recyclable material of a QRP shall be remitted to the

following FINCEN lockbox, using this address,

U.S COAST GUARD-OTHERS

P. O. BOX 7777-W8595

PHILADELPHIA, PA 19175-8595

with a transmittal letter enclosure (5) and public voucher enclosure. (6) *NOTE: If in the

unusual event that the entire proceeds benefit your Morale Fund, the check should be

deposited locally into the unit Morale Account. Do not send this check to the Lockbox,

but maintain records of all deposits for reporting purposes.

7

Western Governors University

Privacy Statement
Press Release
Contact

Integrated Publishing, Inc. - A (SDVOSB) Service Disabled Veteran Owned Small Business