Surplus Property
Procedures
If you are a campus department needing to dispose of excess property, you must complete a UM Form 27 Property and Inventory Change Report and submit it to UM Surplus Mail Box. Once the form has been received, Surplus will pick your items up within 7-10 business days. However, if the request is during the week of the auction, it could take up to 14 business days.
If you are a hosptial department needing to dispose of excess property, you must complete a UM Form 27 Property and Inventory Change Report and submit it to the Hospital Movers. Once the form has been received, the movers will schedule a time to pick up your items and bring them to surplus. However, if the request is during the week of the auction, movers may not pickup until they can bring to surplus.
If the item being surplussed or disposed of contains hazardous materials (i.e. oil, mercury, Freon, asbestos, lead, florescent bulbs, batteries, unknown substances, etc) the department is responsible for preparing and ensuring the item has been appropriately prepared for pickup by Surplus or other moving staff.
Please review Surplus Property Guidelines for Items or Materials Having EH&S Safety Concerns.
NOTE:Surplus items containing hazardous materials will not be picked up without appropriate preparation by departments.
As of July 1, 2017 to help offset the increased cost on certain hazardous items, Surplus will charge a disposal fee for CRT monitors($25) and Televisions($50).
Disbursement of Funds
| Value | Department | Surplus |
|---|---|---|
| $0-$250 | 0% | 100% |
| $251-$500 | 40% over $250 | $250 + 60% over $250 |
| $501-$750 | 45% over $250 | $250 + 55% over $250 |
| $751-$1000 | 50% over $250 | $250 + 50% over $250 |
| $1000+ | 55% over $250 | $250 + 45% over $250 |