The capitalization threshold for equipment has been increased from $1,500 to $5,000 beginning 7/1/04. All new research grants will be subject to the $5,000 limit as of 7/1/04. Consideration will be given to expense remaining equipment purchases at the lower rate on current research grants and proposals. If you have any questions on the new threshold, please contact us.
University property may not be sold, traded in, salvaged, scrapped, or otherwise disposed of, unless prior approval has been granted by the Manager of Central Stores. This includes all equipment or materials donated or purchased with gift, grant, contract funds, or unrestricted general funds, if title to the property has been vested with the University.
Visit the Surplus Property website for more information