Scope

Policy Statement

Excess property is considered to be property completely under the title of Syracuse University and no longer required by the using department. Disposal of excess property is the responsibility of the Purchasing Department. Purchasing has exclusive authority to release items submitted for sale, and no other department has permission to release any such items. The relinquishing department will receive a credit (net of disposal costs) as additional released budget for property sold on its behalf, provided that the excess property was originally purchased from a budget specifically allocated to that department.

Policy Administration

• Purchasing Department

Links to Procedures and Related Information

• Excess Property

Amended: September 2005