policy Trade-in Purchases modified Fri May 01 2020 13:52:58 GMT-0400 (Eastern Daylight Time)
University of Louisville
PUR – 31.00
This policy applies to University Administrators, Faculty, and Staff.
Departments of the University that consider the trade-in of University owned property on the purchase of new equipment or products must first obtain advance release for trade-in approval from Procurement Services.
REASON FOR POLICY
Accurate removal and tracking of university equipment.
Requisitions submitted to Procurement Services with trade-in features will not be processed until the above release is obtained by submitting an Authorization to Trade University Equipment form.
Vice President for Finance and Chief Financial Officer
RESPONSIBLE UNIVERSITY DEPARTMENT/DIVISION
Sally Molsberger, Director – Procurement Services
Service Complex, University of Louisville
Louisville, KY 40292
Original Date: Unknown
Reviewed Date(s): 2/14/2020
The University Policy and Procedure Library is updated regularly. In order to ensure a printed copy of this document is current, please access it online at http://louisville.edu/policies.