Checklist for Departing Researchers - Equipment and Other Tangible Assets

Equipment and other tangible assets (as defined in FN14) may not leave the University without budget executive approval. Some equipment acquired under sponsored funds is titled to the sponsor and may not be transferred without sponsor approval. If the budget executive approves the transfer of equipment to the researcher’s new institution, Property Inventory must be informed and BS15 and BS2011 procedures followed. Property Inventory can assist with calculating depreciation and preparing asset transfer agreements. Equipment transfer agreements should be executed to ensure the receiving institution has agreed to accept responsibility for the incoming assets. International transfers must be reviewed by the University Export Compliance Officer (ADG09).

Note: At the College of Medicine, please contact the Controller’s Office for additional guidance. At all other locations, please contact Property Inventory.