Loaned Property Reminder
Business Affairs Office News
bao-news at lists.uoregon.edu
Fri Feb 10 15:14:35 PST 2017
Good afternoon,
The Business Affairs Office (BAO) Property Control Department would like to remind University of Oregon (UO) personnel of their responsibilities associated with loaning University property to employees, students, or outside entities.
Often, UO employees and students need to use University-owned equipment for business or educational purposes outside of the UO. The BAO Property Control Department recommends that a Property Receipt Form<https://forms.uoregon.edu/forms/list/Business%20Affairs> or departmental equivalent be completed and retained within the department.
The completed form should include the following information:
* Department lending the equipment
* Dates of the loan
* Location where the equipment will be used
* Description of the equipment
* Borrowers name and signature
* Department head or authorized representative name and signature
If property is being loaned to an outside entity for business or educational purposes, please work with Purchasing and Contracting Services (PCS) before the equipment leaves the University. PCS will assist you with an Outgoing Property Loan Agreement.
For capital or high-risk equipment, please also complete the Asset Maintenance Form<https://forms.uoregon.edu/forms/list/Business%20Affairs> and forward it to the BAO Property Control Department. This will ensure compliance with Federal, State, and UO requirements regarding the tracking of University assets.
Thank you,
BAO Property Control Department
Molly Lockhart, 6-1250, mlockhar at uoregon.edu<mailto:mlockhar at uoregon.edu>
Christina Green, 6-3190, cvgreen at uoregon.edu<mailto:cvgreen at uoregon.edu>
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