• Property Management Manual
  • Introduction
  • What is Equipment?
  • Equipment Classifications
  • AM's Role in Property Management
  • Department's Role in Property Management
  • Tagging Procedures
  • Updating Information
  • Moves / Relocations / Transfers
  • Unlocated Property
  • Property Transfered to Another Department
  • Transfering Property to Another Educational Institution
  • Employment Termination
  • Surplus Equipment Policy
  • Equipment Disposition
  • Equipment Purchased with External Funds
  • Disposition of Federally-Owned Property
  • Property Inventory
  • Composition of the Database
  • Reports Available
  • Glossary of Terms
  • Forms

Transfering Property to Another Educational Institution

A. Policy

When a Principal Investigator (PI) transfers to another educational institution and wishes to transfer University or federally-owned property, s/he must furnish a written request for approval to the department chairperson or senior officer, and to the Provost. The approved request should be forwarded to AM.

The PI should fully justify the request and include a list of items, which can be obtained from the Property Management System, to be transferred indicating the WPI asset tag number and current condition. A representative at the business office of the receiving institution must certify in writing that the institution is willing to accept responsibility for federally-owned property or pay the fair market value for University property transferred.

B. Approval

Requests to transfer property should be discussed with the department chairperson. Approval must then be obtained from the Provost's Office, the Director of Research Administration, and the Property Administrator. In addition, the University may need sponsor authorization to transfer the property. Where title cannot be transferred, the University may be willing to loan the property to enable the PI to carry on the research without interruption. The loan should be coordinated by the Property Administrators of both WPI and the recipient institution.

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Last modified: May 29, 2007 11:27:18