Campus Surplus Reimbursement Scale
(Updated As Needed – Supersedes All Prior Scales – July 28, 2009)
Campus Surplus promotes the UI Sustainability Program by keeping as many of the surplus items received from the campus at large, from entering the waste stream, by reselling these items. A $25 service charge is withheld from the sale of each item to handle operations and a disposal fee* may be accessed as per state and federal requirements. All items having a value of more than $25 are reimbursed at the following rate.
|
SELLING PRICE |
% RETURNED TO DEPARTMENT |
|
$25 - $300 |
0% |
|
$300 - $500 |
40% |
|
$501 - $2000 |
50% |
|
$2000 - $10,000 |
75% |
|
>$10,001 |
90% |
|
*Current Disposal Fee for all Refrigerator or Refrigeration Units is $30.00/unit. This is billed directly to the disposing department. |
|
(Note: If any item is deemed of nominal value, and it can not be sold, Campus Surplus will recycle as many of these items as possible to keep them out of the waste stream.)