What threshold value is noted for high-value assets in CG property management?

In the context of property management within the Coast Guard, high-value assets are classified based on a specific threshold value, which helps ensure proper stewardship and accountability of resources. The correct threshold for high-value assets in CG property management is typically set at $1,000. This value is significant because it enables the Coast Guard to focus on assets that require stricter controls and enhanced management due to their cost and potential impact on operations.

By defining high-value assets at this threshold, the Coast Guard can effectively implement inventory controls, financial oversight, and maintenance tracking, thereby ensuring that these assets are utilized efficiently and protected against loss or theft. This classification also aids in compliance with federal guidelines regarding asset management and accountability.

Understanding this threshold is crucial for officers in charge, as it informs the processes they must follow in managing property and resources responsibly within the organization.