NOTICE: The Finance Policies and Procedures Manual, along with the previous manual, is undergoing changes. These sites are continually updated to reflect changes in business processes. If you cannot find the information you are seeking in these policies, email financecomm@unc.edu for more information.
Policies and Procedures

Procedure 602.2 – Trading in Equipment

Effective
July 1, 1994
Last Updated
August 11, 2009
Responsible University Officer
Director of Logistics
Responsible Unit
Asset Management

Procedure Statement

University-owned surplus property may be traded in for new equipment, through the purchase order system.

Forms and Instructions

When anticipating a trade, contact Procurement Services. Procurement Services will handle the required approvals through the State Surplus Property Office. When State Surplus approves the trade, Procurement Services will place the purchase order. After the approved purchase order is placed and the equipment being traded is prepared to leave campus, remove the UNC-CH Asset Management decals from the equipment and affix the decals to the Capital Equipment Relocation form. Reference the purchase order number on the form, and forward the form to Asset Management. This form notifies Asset Management of the transaction so that department inventories can be undated.

  • 603.5.1f - Capital Equipment Relocation form

Related Data

None

History

Revised:
August 11, 2009