Policy governing the sale of purchase of items via online auction

 

  A.  Surplus items may be sold through an online auction.

 

a.   A surplus item is an item that is no longer useful to the department which

owns it, but still has value and usefulness.  To be sold via online auction it

must:

 

1.     Be useful and work for the purpose it was intended for

 

2.     Have a potential market in an online auction medium

 

b.     Items may be sold through online auctions using E-bay and/or Govdeals.

c.      Procurement will charge a $25 administration fee that will be taken out of the item’s final value.

d.     Items will be listed at a starting bid of $30.00 if there is no starting bid listed.  We will only sell item starting at this bid and above.

e.     Online auctions of surplus items must be conducted by the Procurement Department.

f.       Proceeds from the sale of items through online auctions must be received and distributed by the Procurement Department.

g.     Departments must pay all fees associated with their auction.  These fees will be deducted from the selling price of the item.

h.     The departmental contact person for the auction may not bid in the auction.  (See University Policy 3342-6-55)

 i.      Only items that have a picture will be listed for auction.

 j.      Departments are responsible for keeping items safe from harm and/or misplacement during the auction process.

 k.     Departments are responsible for shipping arrangements.

 

 

B.     Department may purchase items for University use through E-bay and Govdeals

only when:

 

a.    The Procurement Department is contacted to do the bidding and

b.    The department, its representative, and the Procurement Department administrator have agreed on the parameters of the purchase.

C.    Disposal of Electronic Equipment:

 

a.     Regency Technologies is the university’s on-line electronic equipment disposal service provider.

b.     Click to obtain procedures for Disposal of Electronic Equipment

 
 

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This page was last modified on: November 8, 2009