All equipment is either property of the State of Oregon or property of the agency sponsoring your research. You are the custodian, not the owner.
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Equipment purchases on Grants MUST BE BUDGETED.
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If you "split-fund" an equipment purchase such that each index pays less than $5,000.00 the item is still equipment and must be budgeted and allowable. The cost of the item determines its accounting treatment, not the source of the dollars.
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Do not attempt to pay for equipment purchased using "split-funding" unless you check with FOBC first. Using more than one index for payment can cause problems and delayed payment.
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Do not take property off campus without filling out a Property Loan Agreement: To Employees (PDF) form. Property loaned to other institutions must be documented with the Property Loan Agreement: To Other Institutions and Agencies (PDF) form.
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If you lend the University equipment or use equipment borrowed from elsewhere, complete the Property Loan Agreement: To OSU (PDF) form.
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Equipment items are tagged and inventoried. We must report any change of location of the item(s), so please keep Christina Fierro in FOBC informed if you move the equipment.
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IF YOU LEAVE THE UNIVERSITY, you cannot take equipment with you even on a continuing research project without completing a Property Loan Agreement: To Employees (PDF) form. Contact Christina Fierro in FOBC as soon as you can to make arrangements for a smooth transition.