Property Management Policy & Procedure Manual
Section 800: Equipment Disposal
Effective: 07/01/1996
Revised: 03/29/2016
Departments may cannibalize obsolete or non-functional equipment upon obtaining approval from Fixed Assets Property Management - Financial Accounting & Analysis (FA&A).
Responsible Party |
Action |
---|
Department |
-
Prepare a list of potential equipment to be salvaged or cannibalized.
-
Contact Surplus Property to see what the equipment value might be if resold "as is".
-
Submit list to Fixed Assets Property Management and request approval to cannibalize or part out the equipment.
|
Fixed Assets Property Management |
-
Audit the asset record to see that the property is OSU-owned and not accountable to a current grant or contract.
-
Approve or disapprove request and notify department of decision.
|
Department |
-
If approved, submit a Property Disposition Request (PDR) Form to Fixed Assets Property Management.
|
Fixed Assets Property Management |
-
Remove equipment from inventory.
|