Financial Services and Operations

Chapter 11: Disposition, Disposals, and Transfers

Lost, Damaged or Destroyed

It is the responsibility of University employees to promptly identify and report incidents of loss, damage and destruction of University property. Each incident should be fully documented by the department responsible and the following notified immediately:

  • Sponsored Programs Office (sponsor-funded property)
  • Sponsored Programs Accounting (sponsor-funded property)
  • Departmental Inventory Coordinator
  • Financial Services and Operations
  • Public Safety, if the event is the result of criminal activity
  • Risk Management

In case of loss of sponsored-funded property, the awarding agency must be notified, and a request for relief of accountability from the sponsor will be submitted by Financial Services and Operations.