This directive establishes the proper methods of disposing of government owned/furnished property (federal property). Departments will need to request the disposal of the property from Asset Management for all federal property not sent to UF Surplus. In accordance with Section 273.05, Florida Statutes, the University has appointed a “Property Management Committee” to review all dispositions information for UF owned capital assets.
To adhere to Section 273.05, Florida Statutes and other regulations.
All UF departments. Property Custodians are responsible for approving all Disposal Requests.