Lawrence Livermore National Laboratory (Livermore) has a personal property inventory of over
53,500 line items with an acquisition value of over $823 million. It generates thousands of
excess personal property items each year. In FY 2000, for example, Livermore excessed over
12,000 items of personal property with an acquisition value of over $59 million. These items
were disposed of through reutilization, donations, and public sales. Our inspection evaluated the
economy and efficiency of Livermore’s management of excess personal property.