Equipment Disposal Form
Request an asset disposal or transfer from the main Financial page of the NUPortal:
NUPortal > Financial > Financial Related Links section > Request Asset Disposal or Transfer link
see also Equipment Retirement Approval Form
Disposal of Capital Equipment (Cost of $5,000 or more)
Notify the University’s Property Accountant in Accounting Services for any disposals of capital equipment by submitting the Self-Service Asset Retirement/Disposal or Transfer Request on the NUPortal. Capital equipment has a minimum cost of $5,000 and a useful life of one year or more. The information from this form will be used to update the University’s inventory database. You should obtain, and keep on file, written approval from your dean, chairperson, director or department administrator to remove capital equipment; however you do not need the approval of the Property Accountant. Also remember to record disposals of assets with an original value of $500 to $5,000 in your non-capital equipment inventory records.
See Disposal Procedure Guidelines for more information. Use the Bill of Sale form or the Indemnification Agreement when selling or donating University-owned equipment. Both forms are PDF files. You'll need to download Adobe Acrobat Reader to read PDF files.