Surplus Property is UMB-owned equipment or materials that are no longer needed or utilized. Departments are responsible for initiating the proper disposal process.
A Division of Administration and Finance
Surplus Property
Department Responsibilities
Departments must:
- Complete the Excess Property Declaration / Capital Asset Deletion Form (EPD/CADF).
- Attach all required supporting documentation (e.g., reason for disposal, condition, approvals).
- Submit the form and documentation to Financial Services – Capital Equipment Inventory (FSCEI).
FSCEI will review submissions and determine whether the item:
- Should be removed from Capital Asset records, or
- Should be referred to Procurement Services – Surplus Property Office for disposition.
Disposition Options
When approved for surplus, property may be:
- Offered for sale or trade within the University System of Maryland or other State agencies.
- Sold to the public via public auction.
- Donated to qualified nonprofit organizations (note: grant-funded equipment may have restrictions; contact Office of Research and Development first).
- Dismantled for usable parts.
- Recycled or scrapped in accordance with UMB recycling programs.
Tip: Departments should consider potential trade-in opportunities when purchasing replacement equipment. Contact Procurement Services for guidance on trade-ins and purchasing procedures.
References and Resources
Contact
General Accounting
220 Arch St.
Office Level 2
Baltimore, MD 21201