• Skip to Content
  • Skip to Main Navigation
  • Skip to Search

Indiana University Indiana University IU

Open Search
  • Training
    • Training Paths
      • Accounts Payable
      • Accounts Receivable
      • Approvers
      • Financial Processing In KFS
      • P-Card or Meeting Card
      • Payroll
      • Purchasing
      • Reporting
      • Travel
    • Handouts
    • Course Catalog
  • Documentation
    • Accounts Payable
      • Credits and Refunds
      • Invoice Review
      • Invoice Submission
      • Payment Details
      • Reimbursements
      • Stop Payments
    • Accounts Receivable
      • Credit Memos
      • Customers
      • Document Searches
      • Invoices
      • Receiving Payments
      • FAQ
    • Capital Assets
      • Configure
      • Inventory
      • Manage
      • Purchase
    • Kuali Financial System
      • IU Foundation
        • IUF Account Management and Reimbursement FAQ
      • System Overview
      • Administrative Documents
      • Financial Processing Documents
      • Balance Inquiries
    • P-Card
    • Purchasing
      • System Overview
      • Catalog Orders
      • Change Requests
      • Check Requests
      • Contracts and Signatures
      • Non-Catalog Orders
      • Order Building and Management
      • Searches & Dashboards
      • Receipts
    • Reporting
      • Emburse Enterprise Reporting
    • Suppliers
      • Edit
      • Request
      • Review
      • Search
    • Travel
      • System Overview
      • Approving Reports
      • Booking IU-Prepaid Travel
      • Reimbursing Travel
      • Trip Authorization
  • News & Events
    • Articles
      • Accounts Payable
      • Accounts Receivable
      • Capital Assets
      • Kuali Financial System
      • P-Card/Meeting Card
      • Purchasing
      • Suppliers
      • Travel
    • Subscribe
  • About Us
    • Meet the Team

Financial Training & Communications

  • Home
  • Training
    • Training Paths
    • Handouts
    • Course Catalog
  • Documentation
    • Accounts Payable
    • Accounts Receivable
    • Capital Assets
    • Kuali Financial System
    • P-Card
    • Purchasing
    • Reporting
    • Suppliers
    • Travel
  • News & Events
    • Articles
    • Subscribe
  • About Us
    • Meet the Team
  • Search
  • Home
  • News & Events
  • Articles
  • Purchasing
  • Policy Feature: FIN-PURCH-11

Policy Feature: FIN-PURCH-11

Friday, February 03, 2023

Here at IU, we’re always looking for ways to make our dollars go as far as possible. One process that helps us ensure we get the most out of our State and Federal funds is the redistribution of university property. 

Policy FIN-PURCH-11: Disposal and Redistribution of University Property helps ensure every IU unit maximizes the value of their university-owned property. When property is no longer needed by a department it can be advertised internally to others via the redistribution listserv. You can use this same listserv to solicit the property your department needs.   

IU Surplus is another great option. With locations in Bloomington and Indianapolis, departments can request surplus remove the equipment and other items. These locations have been delegated authority by Purchasing to redistribute, sell, donate, or properly dispose of retired assets as best fits the situation at hand. Review this handy presentation to learn more about Surplus and its processes.  

Departments are not authorized to dispose of the equipment themselves, except for transfers to other research universities. Review Standard Operating Procedure SOP-PURCH-35 to learn more about this process.  

  • Articles
    • Accounts Payable
    • Accounts Receivable
    • Capital Assets
    • Kuali Financial System
    • P-Card/Meeting Card
    • Purchasing
    • Suppliers
    • Travel
  • Subscribe

Additional links and resources

INDIANA UNIVERSITY
Financial Training & Communications

Cyber Infrastructure Building (CIB)
2709 E 10th St
Bloomington, IN 47408
Email:
estc@iu.edu

RELATED SITES

  • Finance
  • Office of Procurement Services
  • Insurance, Loss Control, and Claims
  • Office of the Treasurer
  • Office of the University Controller
  • Purchasing
  • Supplier Diversity
  • Travel Management Services
  • University Budget Office

Indiana University

Accessibility | College Scorecard | Privacy Notice | Copyright © 2025 The Trustees of Indiana University