Property Disposal

Authorization must be granted by the Controller's Office BEFORE any capital equipment is sent to surplus, facilities management for disposal or traded-in.

The Controller's Office should be notified immediately of any capital equipment that is missing or stolen.

A disposal form or disposal ticket should be completed and routed for approval by the Department Head and the Controller to document the disposal and to remove the item from the Capital Equipment Inventory.

 

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Mines Property Manual
This manual sets forth the policies, responsibilities, and procedures for establishing and maintaining control over property owned by, or in the custody of, the Colorado School of Mines (CSM). The term “property” which is used in this manual is synonymous with the term “capital equipment”, which is defined as personal property having a unit acquisition cost of $5,000.00 or more and an anticipated service life of one (1) year or more. This definition also applies to CSM fabricated equipment.

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Property Disposal Request
Notify the Controller’s Office of a request for disposal of capital equipment or capital software.