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Property, Plant and Equipment (PP&E)

Property, Plant and Equipment (PP&E) 1. The term “Property Plant and Equipment” refers to a tangible or physically verifiable item that meets ALL the following five criteria: a) Provides future economic or service benefits to UNDP – i.e. the PP&E item is held for use in the implementation of UNDP Programmes or for administrative purposes; b) Is expected to be used during more than one reporting …

Content Type: Document Document Type: Policy Effective Date: 01-02-2016 Planned Review Date: 09-01-2026 Policy Area: Administrative Services Policy Chapter: Asset Management - Property, Plant and Equipment Policy Sub-Chapter: Property, Plant and Equipment Policy: Property, Plant and Equipment