If a college owned asset becomes unusable and needs to be disposed please contact Business Services in writing with a description of the asset, the property tag number, and the reason for the disposal. The Business Services department must properly account for the disposal and remove the asset from our inventory system. If you have the physical tag, please send it to the Business Services Department.
Selling A College Owned Asset
Departments must obtain approval from the VP of Finance/CFO before selling any capital asset and notify the Business Services department. A detailed record of all assets sold must be maintained, including, the property tag number, serial number, description of the asset, sale amount, and name of the purchaser. Departments may not sell college-owned assets without permission.
Reporting A Stolen College Owned Asset
If you become aware of any college-owned asset that has been stolen or is noticed to be missing you must notify Campus Safety. A copy of the incident report will be provided to Business Services so that the asset can properly be accounted for and removed from our inventory system. Remember, the College has a fraud hotline (call 313.664.7998) that may be used to report stolen property while remaining anonymous.
The policy in full can be found HERE.