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All items which are no longer of use to the University are to be disposed of according to this policy. Items with asset tags or items valued at more than $25 require a "Relief of Accountability" to account for sale, disposal or donation. When an item is sold, the net proceeds will be returned to an authorized fund of the department submitting the item. Items valued over $25 which are not sold after two (2) surplus sales may be reduced in price, donated or discarded at the discretion of Surplus Operations personnel. Improper disposal of BYU-Idaho items may result in disciplinary action.
Surplus Items - Items that no longer have value to BYU-Idaho but have a BYU-Idaho asset tag and/or over $25 value to other entities or individuals. This category may also include large quantities of a low value item that may be sold together.
Low Value Surplus Items - Items determined under the direction of the budget account steward to have value of less than $25.
Disposal Surplus - These are non-capital asset items which are broken or have completed their useful life and do not have value to other entities or persons.
Rather than devote resources to the sale of these low-value items where proceeds might do little more than offset expenses, BYU-Idaho will donate them to Deseret Industries for sale or for distribution to other Church entities. All furnishings will be considered for possible reissue. Exception requests for Surplus Operations to sell low value items should be sent to the Surplus Operations Specialist.
For Low-Value Surplus items, follow the same procedure as outlined for 1 above. In the description field record "low value surplus items" (input furniture, if applicable) and list the total quantity of items. No other information is needed. The stickers will be different than those used to surplus items. These items will be picked up weekly. These items are still considered to have value and may not be taken by employees, students or others for their own use.
Disposable surplus must be discarded and may not be given to employees or others.
Requests may come from various entities for donations of surplus items. The following guidelines address these requests:
Only items that are scheduled for surplus can be sold to retirees without going through the normal surplus procedures. For these items, the valuation of the product will go through the same process as all surplus items. Computers will be re-imaged according to University guidelines. Vice President's approval is required for items being sold to retiring employees if exception to this policy and procedure is required.