Purchasing Used Equipment

General

The University has no policy prohibiting the purchase of used equipment, however, it is not generally considered to be in the best interest of the University to do so. This does not apply to the purchase of Federal, State or University surplus, as surplus equipment offered from these agencies is priced at a very nominal figure.

Procedure

When a department has a special need for a particular used item, the proposed purchase should be discussed with the Procurement Services Office and the request submitted as a purchase request. Normal purchase procedures are then followed.

Demo Equipment

Often companies will offer, at special prices, demonstrator equipment under new warranty conditions. Offers of this type are usually worthwhile, but cannot be accepted without first offering competition an opportunity to quote on similar equipment. When the cost is less than $29,000.00, it is considered a Small Dollar Purchase. Costs between $29,000.00 up to $500,000.00 will be solicited by the Procurement Services Office. If more than $500,000.00, it may require additional approval by the Purchase and Contract Office.