The Property Manager will answer any questions as to whether a purchase should be classified as capital. The accounting system subcodes 8500-8599 are use to identify capital equipment. The Purchasing Department issues the purchase order. The Property Manager is notified of equipment purchases through copies of the purchase orders or other support made available by Accounts Payable. The Texas Surplus Property Agency makes available all surplus equipment of the State, which may be acquired with permission of the Business Manager.
Surplus property is released on an as-is, no warranty basis.
The United States Federal Government also makes available surplus equipment. The University of Houston-Victoria does not have sufficient funds available for the purchase of this equipment. I, as principal investigator, will utilize this equipment on or as authorized by above listed grant or contract. Any capital equipment received by departments as gifts from outside donors is subject to inventory. Equipment purchased with sponsored project funds is also subject to sponsor regulations regarding title.