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FIXED ASSETS DISPOSAL POLICY

PURPOSE

Proper and timely disposal of all obsolete or other fixed assets within the campus.

PROCESS

The Department will identify the asset(s) to be disposed, fill out the CUNY Property Control form and notify the Fixed Assets Department (Abhishek Grover ext. 5165 or Bill Rosenblum ext. 6779)

If the asset(s) is a technology item, the IT Department under AVP/College CIO Asif Hussain should be contacted (ext.6674). The IT department will work with the Fixed Assets Manager will arrange for the disposal of the assets.

The asset(s) cannot be removed from the department’s requested location until the CUNY Property Control Form is filled out, signed, dated by the department’s Chairperson/Director/Vice President/Dean. The original copy is sent to the Fixed Assets office located in P105. The departments should keep a copy for their records.

The asset(s) cannot be removed until the Fixed Asset Manager or his designee has the opportunity to visit and assess the asset(s) that are being disposed of.

Once approved, the Fixed Asset Manager will contact the department and advise them to create a work order for the asset(s) to be removed and brought down to the warehouse for disposal.

The asset(s) on the CUNY Property Control Form must match what is being removed from the department. If there are any discrepancies, the asset(s) will not be removed and a new Property Control form will be required.

The Fixed Assets Manager will update the CUNYfirst Asset Management system once the process is completed.

NOTE: In certain instances, the Office of Environmental Health and Safety will need to be involved to ensure that there are no safety or health related concerns regarding the asset(s) being disposed.

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Kingsborough Community College
2001 Oriental Boulevard, Brooklyn, NY 11235-2398 | (718)-368-5000
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