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.