5.0 Acquisition of Equipment

5.1 Purchase

Equipment may be acquired by purchase (including lease purchase, installment purchase, Procurement Express Card Program), donation, and transfers. The cost of the equipment includes the purchase price, applicable taxes and freight, and any other costs associated with preparing the equipment for its intended use.

5.2 Donations (In Kind Gifts)

Departments must coordinate with University Advancement to ensure Humboldt in kind gift acceptance requirements are met and the donation is properly acknowledged with appropriate authorization signatures (In Kind Gift Proposal Form). Donations transferred to University ownership meeting one of the definitions of "equipment" (Section 3.0 Definitions) will be tagged and added to the University's property records.

5.3 Transfers of Equipment to the University

Requests for transfers of equipment to the University must be in writing and approved by the AMO.

5.4 Fabrication of Equipment

Under special circumstances equipment may be constructed by campus employees. Fabricated equipment may also be recorded in the University's database if it meets one of the definitions of "equipment" (Section 3.0 Definitions)