Certified
Minority&
Women
Owned
Businesses in
Broome County
Vendor
Fair Labor Compliance Certification
Sole/Single Sourcing,
Emergency Purchasing
Purchasing Procedures
Purchasing Used Equipment/Trading In Used
Equipment
Independent
Contractor
Vehicles:
Purchase Policy
Vehicles: Van Safety Guidelines
Link
to Accounts Payable
and Travel Website
Purchasing Used Equipment
The State of New York discourages purchasing used equipment. When purchasing
used equipment under $20,000 the following procedure applies in addition
to those in Purchasing Procedures:
All requisitions for used equipment under $20,000 must include the words
"USED EQUIPMENT" in the Oracle requisition description and be
accompanied by supporting documentation, submitted to the Purchasing
Department, containing the following information:
- a statement of need
- an estimate of the remaining useful life of the equipment
- an explanation of method used to set the depreciated value of the used equipment (other than the owner setting the price; this includes the equipment's value in a secondary market)
- the reason the used equipment is preferable to a new model.
Invoices received for used equipment will be not be paid from state funds without this supporting documentation.
Trading In Used Equipment
State Finance Law permits using state-owned surplus equipment and supplies (other than vehicle and vehicle related items) for trade-in credit against any purchase of equipment, supplies, repairs, leases or services used for state operations. Vehicles may only be used as trade-ins for replacement vehicles. If you purchase using equipment trade-in contact Debbie Slattery prior to taking action (dslatter@binghamton.edu, X72971). Contact Don Paukett (dpaukett@binghamton.edu, X72170) with questions about this program.
SUNY Memo and Guidelines on Equipment Trade-In
Updated: 11/30/07