Equipment items bought through OSU surplus remain on inventory regardless of their surplus resale cost. State surplus equipment acquired in this manner is usually recorded at its original acquisition cost to the state, by inventorying it at the surplus price with a value write-up. DAS has a property screener to assist state agencies in locating, reviewing and acquiring property from other federal sites as well as from the Salem depot. During this restriction period, title to the equipment vests with the federal government. Federal Excess Property Nationwide, the federal government also makes federal excess property available for use on federally-sponsored programs such as research projects, Agricultural Experiment Stations, etc.
Title never reverts to the university.
Disposal of Federal Excess Property must be back to the original federal agency. For details about Federal Excess Property acquisition and inventory, see Section 9 .