Policy Statement
This policy provides the University with a surplus equipment disposal procedure that will ensure that University property has provided a value beyond its worth, and that the disposal will be conducted in an equitable, efficient, and cost effective manner.
Reason For Policy
The reason for the Surplus Property Policy and Procedure is to provide a clear and concise guideline for the disposal of all East Stroudsburg University surplus property, excluding real estate.
Appeal Statement
N/A
Definitions
Surplus Property: Surplus property is equipment, furniture or property excluding real estate that is available for disposal, re-distribution, and sale because East Stroudsburg University no longer has a need of, or a useful purpose, for the equipment, furniture or property excluding real estate.
Scrap - equipment, furniture or property excluding real estate in poor condition, obsolete in function or broken such as to be discarded as worthless or sold to be reused as parts; junk.
Other Relevant Information
Policy History
Policy Number:
ESU-2013-03
Policy Number History:
Formerly ESU-FA-2011-034
Effective:
April 18, 2013
Adopted:
April 18, 2013
Last Reviewed:
Amended:
Related Policies:
