Uniform Guidance for Property Disposition

August 1, 2017  

There have been changes to PRR’s and clarifications of the university property disposition process for any type of university owned/controlled property (capital, non-capital, supplies, etc).  The links below point to the updated disposition process document and the updated policy statements located on the NC State University PRR’s site.  Combined, these documents provide uniform guidance that should be followed by all faculty and staff.  The updated policy supersedes all  prior policies or procedures.    

Property Disposition Procedure Guidance:

https://controller.ofa.ncsu.edu/files/2014/06/MAY2017-PropertyDisposal.pdf This provides clear guidance on the disposal/transfer/loans of ALL NC State property – regardless of value. 

NOTE:  Of particular value to you will be the decision tree at the end of the document providing a snap shot view of how to handle the disposal/transfer/loan of NC State property.  

Property Disposition PRRs:

https://policies.ncsu.edu/regulation/reg-10-05-16/ – SPARCS/C&G PRR that provides property guidance specifically for research labs and activities.

https://policies.ncsu.edu/regulation/reg-07-40-01/ – Procurement Services REG 07.40.01 – Disposal of University Property

CONTACT INFORMATION: 

If you have questions, or if there is a situation that you feel is not covered in the policy, please contact assetmanagement@ncsu.edu for assistance.