VCOM Institutional Policy and Procedure Manual

VCOM Transfer Equipment Policy

Policy #R001

Edward Via College of Osteopathic Medicine

Policy Order No: R001 Effective Date: August 25, 2014

Signature on File ____________________________________________ Dixie Tooke-Rawlins, D.O. Provost, Executive Vice President and Founding Dean Signature on File ____________________________________________ James F. Wolfe, Ph.D. President

VCOM Transfer of Equipment Policy

1. PURPOSE...............................................................................................................................1

2. POLICY..................................................................................................................................1

3. RULES ....................................................................................................................................2

4. PROCEDURES ......................................................................................................................3

5. REFERENCES.......................................................................................................................3

6. DEFINITION .........................................................................................................................3

7. DURATION OF POLICY.....................................................................................................4

1. P URPOSE

The purpose of this policy is to assist with determinations and procedures related to the transfer of equipment purchased with external (sponsored) funds for faculty and staff members who are relocating to another institution and to provide guidelines for making such requests for transfer.

2. P OLICY

Title to property purchased from sponsored funds vests in the College upon acquisition unless otherwise specified by the grant/contract terms. The College has an obligation to ensure that the equipment is used for the stated purpose of the project as long as the grant is active at this College. When a project terminates, the College must use the equipment properly to support other research projects or dispose of it according to specified procedures. This policy

VCOM Transfer of Equipment Policy

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