Through a mandate from The Trustees of Indiana University, it is the University's policy to make maximum use of furniture, equipment, and other such property, and to transfer to Surplus Property, a Unit of IUPUI Office of Financial Services, any such property no longer required by a department or division. It shall be the responsibility of the Office of Financial Services to relocate surplus property from one department, to another department.
Excerpt from the Institutional Policy on Disposal and Redistribution of Property: When an item no longer is wanted by a department, the Office of Financial Services will attempt to redistribute the item within the university based on equitable criteria. Should there be no need for the item within the university, then it may be sold or traded outside the university.
Unusable property or parts that can be sold for junk will be accumulated and sold by the Office of Financial Services, and, if un-sellable as junk, it will be properly discarded. Usable property which cannot be relocated with a university department will be disposed of in accordance with the following procedures.