Are proceeds from a surplus sale returned to the department? There are three types of surplus sales that can take place at the university: Proceeds from Public Sales of Non-Capitalized...
How do I dispose of an asset destroyed in a natural disaster? Occasionally, assets are installed in a room and destroyed when the room is renovated or destroyed due to an unforeseeable...
How do I dispose of old credit card equipment? Old credit card equipment should be dropped off with Jennifer Bell at the University Controller’s Office. University Controller’s Office Location:...
What do I do if an asset is stolen? Before identifying an asset as Stolen, search all possible locations and check all departmental Surplus Requests to verify that the...
What is required to transfer research equipment to another university? Assets may not be transferred to other agencies or universities without proper approvals. Please review REG 07.40.01 – Disposal of University...
Why am I required to dispose of assets through the surplus process? As is required per State Regulations, all assets, capital or non-capital, purchased by a State entity, must be disposed of...