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Eddy County to inventory and value fixed assets

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Daily Press Staff Writer

Eddy County will be hiring a company to perform fixed asset inventory and valuation services to comply with government standards.

The Eddy County Board of Commissioners voted Tuesday to award a bid for services to Records Consultants Inc. (RCI) for $26,250.

RCI will perform a fixed asset inventory along with actual historical cost research on land, improvements, buildings and infrastructure for the county. The data collected during the on-site physical inventory is designed to support GASB-34 reporting relating to the inventory, costing and depreciation of real property. … For the rest of the story, subscribe in print and on the web.

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