This policy establishes that all materials purchased with University funds, donated to the University, or acquired for University use through other means, are the property of The University of Akron and does not belong to specific individuals. The responsibility for the disposal of all surplus property (land and building excluded) has been delegated to the Director of Materials Handling. The Director of Materials Handling shall have the flexibility of determining final disposition of surplus property which may arise and is not specifically addressed in the Surplus Property Policy.
The Director of Materials Handling has assigned the responsibility for maintaining accountability for all materials, equipment, and supplies (hereafter referred to as “property”) which may become surplus to the needs of departments. and operating units of the University to the Surplus Property Supervisor under the management of Central Stores. Staff members of this office will administer the Surplus Property Recycling (SPR) program, to include but not limited to inspection, storage, sale of surplus property. They will keep records of improper application of the program and recommend corrective action to the Director of Materials Handling.
As a recipient of federal grants, state funding, donations, and private endowments, it is our duty and responsibility to maintain auditable records of all transaction involving the disposition of surplus and equipment.