Property Control is a part of the Controller's office. We are responsible for post-purchase
processes associated with many of the physical goods acquired by the College.
Inventory Audit Schedule
January: Stadium & Social Sciences
February: West Campus
March: Business Building & GSC
April: Lucy Phillips & Dorms
July: Richfield Campus
August: Noyes & Huntsman Library
November: AC & Home and Family Studies
December: Humanities & Science Building
Please contact Carlie Fowles (x7267) for any questions regarding audits, inventory
tags or any asset transfers or disposals.
Disposal of Assets/Transfer of Assets/Public Surplus
Snow College Campus Services Surplus Property Sales is to be used by all college departments
for the disposal of unused property. State guidelines require that state-owned personal
property shall not be destroyed, sold, transferred, discarded, donated or otherwise
disposed of without first receiving authorization. Campus Services Surplus Property
Sales assures that state guidelines are followed and property is disposed of properly.
Definition of Surplus Property
Any personal property owned by Snow College that a department determines they are
no longer using or technology has rendered obsolete is considered surplus property.
Surplus property includes any item regardless of whether or not it has a college inventory
number as long as the item is useable or can be made useable with a reasonable amount
of effort or expense and/or has residual value or should be properly recycled. Once
a decision is made to dispose of property, the top priority is to dispose of the surplus
item, as expeditiously as possible. This is to be done in a controlled manner with
prices on sale items set at levels low enough to move the goods, but sufficient to
pay the direct out-of-pocket disposal costs. Whenever possible, items are to be sold
at prices set to avoid time-consuming bids. State Administrative Rules stipulate that
surplus property will be disposed of at fair market value, unless the property is
not marketable for some reason and must be discounted to be sold. Selected property
may be disposed of by abandonment, donation, or sold as scrap.
Submitting items to Facilities Surplus Sales
A department submitting surplus items must complete a Surplus of Snow College Property Form and email it to
or forward to Tracy Madsen – Campus Services on the Ephraim campus or Lisa Jones
– Controller’s Office on the Richfield campus. If the item has an asset tag on it,
you must complete an Equipment Tracking Form and attach the form to the item. The form will then be transferred to Carlie Fowles
in the Controller’s office for removal of the item from your department’s assets.
Grant Equipment Disposal Guidelines and Process - Federally owned property, and/or
property purchased with Federal Grants, is not to be sold or otherwise disposed of
without the appropriate Federal Agency approval. Follow the Federal Awarding Agency’s
written instructions provided with the grant award documentation (See Super Circular
§200.312). If there is no disposal documentation included with the grant, complete
the Disposal of Restricted Equipment form found on the Controller office’s website under the “Forms” link. For special
circumstances such as the trade-in of equipment or questions of the title of property,
see the Super Circular §200.312 and §200.313 for guidance. A copy can be found in
the Grants Financial Compliance Office.
Valuation of Surplus Items
All items will be inspected and evaluated when they are received by Campus Services.
If the item is one that is frequently handled by Campus Services, such as a personal
computer, pricing will be done using past sales and current market conditions. Other
items that are unique require more effort and communication to determine adequate
pricing. Snow College Campus Services reserves the right to assign a final asking
price for all items. If items are determined to have no substantial resale value or
potential, Campus Services may elect to scrap the items and process them as any other
recycled material or waste. Snow College Campus Services reserves the right to reduce
the price of an item if it does not sell after a government (website) and public sale.
Items will be processed through recycling or waste management if not sold after 60
Transferring Property to College Departments
Transfers, gifts, trades, and sales of properties between College departments may
be directly negotiated by the departments Involved. Transactions involving inter-departmental
transfers of equipment, any items worth more than $ 5,000 must be reported by the
transferring department to the Controller’s office so that office can update the college
inventory records. If the item has an asset tag on it, you must complete an Equipment Tracking Form and give the form to the Carlie Fowles in the Controller’s Office.
Two Ways to Sell College Property to the Public
Public Surplus -The Public Surplus website will be used to auction surplus items to
the public. Award shall be made in accordance with the provisions of the auction instructions
to the highest responsive and responsible bidder, provided that the price offered
by such bidder is acceptable to the purchasing agent. Reserves can be put on property
as well, please include this information in your initial Surplus of Snow College Property Form. In all cases items submitted to Snow College Campus Services will be sold on an
“as is” basis. The seller neither assumes nor implies any warranty. Buyers are encouraged
to inspect the items closely before submitting a bid and consider any items in “used”
and in “as is” condition.
There will be no returns or refunds. Snow College reserves the right to reject any
bid or remove items from the sale at any time until title has transferred upon payment
and removal from Snow College property. If an acceptable bid is not received, the
Campus Services department may determine the method of disposal of the item, provided
it is in the best interest of the college.
Departments will be able to get credit for their sales for items over $20. When requesting
item(s) to be sold please include the budget number to be credited when completing
the Surplus of Snow College Property Form. Anything less than $20 will be credited to a surplus holding account.
Onsite Sales – On-site sales must be approved first, then advertised in the newspaper
for at least ten days prior to the sale. Surplus items offered during the on-site
sales will be priced in advance and offered on a first-come basis. The Campus Services
department may determine the method of disposal of items not sold during the on-site
surplus sale, provided it is in the best interest of the College.
Under no circumstances may college property be salvaged for the personal benefit of
a Snow College employee or sold directly to a Snow College employee by a department,
or sold to an off-campus purchaser where personal benefit is derived by a Snow College
employee. Violation of this prohibition will place the respective individual employee
at risk of disciplinary action.
The College has limited facilities and space for operations and storage. With increasing
demands on all college space, it is imperative that only equipment, materials and
supplies of sufficient value be retained. Given this situation, all Vice Presidents,
Deans, Department heads, Directors, Managers, and Project Leaders are encouraged to
implement this practice of managing property for which they are responsible. If property
is determined not be saleable, it may be destroyed, scrapped or discarded if determined
to be of no value by Snow College Campus Services Department.