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University Facilities, Equipment, and Property

Excess Property, Disposal of



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 Office. 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

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Amended: September 2005

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