(1) How long the equipment leasing program will be in operation will be determined by:
(a) An office of financial management (OFM) approved depreciation schedule for each type of equipment that will be available for leasing; and
(b) The period of time needed to:
(i) Surplus and dispose of or transfer the equipment; and
(ii) Complete program closeout activities.
(2) For any distributions following the initial one, the department may modify the program length, depreciation schedules, contract requirements or leasing agreements.
[Statutory Authority: RCW 15.04.402
, 2007 c 520, and chapter 34.05
RCW. WSR 08-19-061, § 16-731-150, filed 9/15/08, effective 10/16/08.]