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ASTM E 2131 : 2001

Superseded

Superseded

A superseded Standard is one, which is fully replaced by another Standard, which is a new edition of the same Standard.

View Superseded by

Standard Practice for Assessing Loss, Damage, or Destruction of Property

Available format(s)

Hardcopy , PDF

Superseded date

11-11-2014

Superseded by

ASTM E 2131 : 2009

Language(s)

English

Published date

10-01-2001

€59.22
Excluding VAT

Committee
E 53
DocumentType
Standard Practice
Pages
3
PublisherName
American Society for Testing and Materials
Status
Superseded
SupersededBy

1.1 This practice covers the assessment of loss, damage, and destruction (LDD) of property, assets, or material. LDD occurs when such property is found to be missing, damaged, or destroyed. Such discoveries often are made as a result of a physical inventory, an analysis of material used, or routine audits.

1.2 Some occurrences of damage and destruction are the result of natural disasters or other incidents beyond the control of the company, agency, or institution, and are not subject to the standards in paragraph 7. However, the reporting of such instances in accordance with paragraph 8 is still required.

1.3 Some occurrences of LDD are a result of natural degradation or other incidents of fair wear and tear and are not addressed as a part of this practice.

1.4 Loss, damage and destruction, while three completely different occurrences, are addressed as one in this standard. For the purpose of this standard, reporting and evaluating loss, damage and destruction are the same.

1.5 Loss, damage and destruction are key aspects of risk management. Projecting the possibility or probability of LDD, reporting and managing, and minimizing LDD is a critical and economic factor in the success of any endeavor.

ASTM E 2132 : 2017 Standard Practice for Inventory Verification: Electronic and Physical Inventory of Assets
ASTM E 2811 : 2017 Standard Practice for Management of Low Risk Property (LRP)
ASTM E 2279 : 2015 Standard Practice for Establishing the Guiding Principles of Property Asset Management
ASTM E 2675 : 2009 : R2014 Standard Practice for Property Management System Outcomes
ASTM E 2676 : 2009 : R2014 Standard Practice for Tangible Property Mobility Index (MI)
ASTM E 2452 : 2012 : R2019 Standard Practice for Equipment Management Process Maturity (EMPM) Model

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