Uniform Guidance for Property Disposition
There have been changes to PRRs 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 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
The Property Tracking and Disposition Manual provides clear guidance on the disposal/transfer/loans of all NC State property, regardless of value.
Of particular value to you will be the decision tree at the end of the document, providing a snapshot view of how to handle the disposal/transfer/loan of NC State property.
Property Disposition PRRs
- REG 10.05.16 – Sponsored Awards -Equipment Acquisition, Management, Transfer and Loans: provides property guidance specifically for research labs and activities.
- REG 07.40.01 – Disposal of University Property
Contact Information
- CAPITAL ASSET MANAGEMENT (CAMS) – [email protected]
- SPARCS/OPAFS – [email protected]
- SURPLUS – [email protected]
If you have questions or if there is a situation not covered in the policy, please contact Asset Management for assistance.