Disposal of Equipment Acquired Through Sponsored Funds

[Business Affairs Office News]

Good morning,

The Business Affairs Office (BAO) Property Control Department would like to remind campus departments of our responsibilities when disposing of equipment purchased with sponsored funds.  As a research university, we are responsible for serving as stewards of funds provided by sponsors. This responsibility extends to equipment purchased by those funds.

Equipment includes:

*         Capitalized equipment (generally $5,000 or greater and has a useful life of greater than one year)

*         High-risk and other minor equipment

*         Vehicles

*         Vessels

Disposals include, but are not limited to:

*         Surplus

*         E-Waste

*         Cannibalization

*         Transfers

*         Trade-ins

Equipment ownership is determined by the terms and conditions of the grant or contract under which it is acquired. Generally, ownership passes to the University, although residual obligations may remain dictating terms of use and disposition.

To ensure compliance with sponsor terms and conditions:

*         Sponsored Project Services approval must be obtained prior to disposal

*         All disposals must be coordinated through the BAO Property Control Department

If you have any questions, please contact us or visit our website<http://ba.uoregon.edu/staff/property-control>.

Thank you,

BAO Property Control Department

Molly Lockhart, 6-1250, mlockhar at uoregon.edu<mailto:mlockhar at uoregon.edu>
Jamie Sandoval-Scott, 6-0827, jamies at uoregon.edu<mailto:jamies at uoregon.edu>
Kirsten Hersh, 6-3163, kirsten at uoregon.edu<mailto:kirsten at uoregon.edu>

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists-prod.uoregon.edu/pipermail/bao-news/attachments/20131104/16015614/attachment.html>