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Asset Management

Division of Administration

FAQ

 
 
 

 

Equipment Tagging

Which equipment needs to be tagged?

 
  1. Capitalized equipment - non-consumable items with a net cost of  $5,000 or greater and a useful life of more than one year.

  2. Sensitive equipment computers, printers, and peripherals, scientific engineering, laboratory, medical and research equipment with a cost between $2,500 and $4,999.99

  3. Shop constructed equipment and department originated assets, regardless of the per payment cost, purchased by a department to be assembled into a non-consumable unit with a useful life of more than one year and a final cost of $2,500 or more should be coded equipment. Items assembled by A&S Shops with an anticipated final cost of $2,500 or greater should be coded equipment. Departments should note the name of the project and anticipated final cost on all Payments/IDTs/Field POs issued for each project.

 

Inventory Management

What shows up on our inventory?

 

All sensitive and capitalized equipment, purchased by, constructed by or transferred to the department with an original cost of $2,500 or greater for sensitive equipment and over $5,000 for capitalized equipment. Assets that are lost, stolen, sold or junked will be taken off the inventory as soon as the Asset Management Office receives written notification.

 

What does the X after the UW inventory number on our inventory mean?

 

The equipment with an X number on a departmental inventory was not physically tagged by the Asset Management Office, therefore does not have an inventory sticker on it. Nevertheless, an inventory number was assigned to the equipment and it was entered into asset management system with the assigned number.

 

Surplus Property

How do we dispose of surplus equipment?

The first step is the completion of the Property Disposal Request form and the return of the form to the Asset Management Office. Following this, the Asset Management Office inspects the equipment numbers/items and places a work order for the item(s) to be removed by Materials Services to the depot for resale, to be recycled, or to the landfill if the top two criteria can not be met.

In case your department has E-Waste, a Property Disposal Request form needs to be sent to the Asset Management Office.  A Materials Services technician will then contact and advise you on the appropriate disposal method. The Material Services Office will turn in a request to RMMC for pickup. RMMC does not accept requests for E-Waste pickup from anyone except the Material Services Office.

 

How do we purchase equipment from other departments or the UW Surplus Depot ?

 

Departments can purchase surplus directly from other departments using an IDT form. Equipment located at the UW surplus depot can also be purchased with an IDT form during our scheduled sales or by appointment.

 

How do we transport our surplus property?

 

The movers can transport surplus to the depot or the landfill if this is desired. Only if the Asset Management Office approves the Property Disposal form, it will be free of charge to the department. Departments can also move equipment to the depot by themselves, if an appointment with Material Services is made.

In case your department needs to remove E-Waste, a Property Disposal Request form needs to be sent to the Asset Management Office. A Material Services technician will then contact and advise you on the appropriate disposal method.

 
 

Can I advertise/sell/dispose surplus equipment myself without notifying property?

 

No - If you have surplus items you want to advertise on the Internet listserv or dispose/sell otherwise, please call the Asset Management office at 6-6619. The Asset Management Office will screen the items. This will ensure that the University continues to meet state and federal guidelines regulating property disposal and transfers.

 

When can the public purchase surplus equipment?

 

After surplus equipment has been held for departmental purchase for at least two weeks, it will become available to the public, unless it is reserved for departmental sale only. Cash and checks are accepted, all sales are taxable unless the purchaser provides the appropriate tax-exempt forms/letters at the time of the sale. All sales are advertised "as is, where is, and without any warranties" and All Sales Are Final.


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University of Wyoming Asset Management Office

101 Old Main

Dept. 3314

1000 E. University Ave

Laramie, WY 82071

Phone: 307766-2302

Fax: 307-766-6762

Email: property@uwyo.edu

UWyo Surplus Property

15th and GIbbon

Laramie, WY 82071

Phone: 307-766-2340

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1000 E. University Ave. Laramie, WY 82071
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