Purchasing
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Reporting Property Acquisition

Property items can be acquired as a result of purchase, manufacture, gain by inventory, loan give, grant, surplus, transfer, or local construction.

  1. ACQUIRED BY PURCHASE
    1. Property received by Central Receiving will be tagged by Inventory Control staff before delivery to the department unless it is marked fragile, crated, or to be assembled.
    2. Departments are to notify Inventory Control by filling out the form, All Property Received by Department in Excess of $1,000 That Have Not Been Tagged,  when property is received directly by the department.  An Inventory Control clerk will tag the equipment. Please have the following information available:
      1. purchase order number
      2. receiver number
      3. serial number
      4. room location
  2. PROPERTY ACQUIRED BY INTERNAL MANUFACTURE
  3. Property manufactured by individuals or departments that meet the specified criteria must be tagged. The finished piece of property will be accounted for in the same manner as any other University property. Property shall be reported to Inventory Control.

  4. PROPERTY ACQUIRED BY OTHER THAN PURCHASE OR MANUFACTURE
  5. Property acquired by gifts or other source that meets the specified criteria must be tagged and accounted for in the same manner as any other University property. When property items are acquired in this manner, details outlining the acquisition will be forwarded in memo to Inventory Control.

  6. PROPERTY ACQUIRED BY FACULTY/P.I. TRANSFER
  7. Property acquired by faculty of P.I. transfer from another University or facility that meets the specified criteria must be tagged and accounted for in the same manner as any other University property.  When property items are acquired in this manner, departments are to notify Inventory Control by filling out the form, All Property Received by Department in Excess of $1,000 That Have Not Been Tagged.  An Inventory Control clerk will then tag the equipment.

     

Surplus Auction

TBD
Inventory Control Warehouse
1901 S. Floyd St.

Auction starts 9:30am 
Doors open 8:00am

Surplus Warehouse open for UofL departments
on Wednesdays only
8am-12pm and 1-4pm

AUCTION LIST 


Property Exchange (for UofL Departments only)

Donation Requirements

 
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