According to state statute (ORS 351.210), all property, equipment, and supplies acquired by Oregon State University remain the responsibility of the University until disposed of in an authorized manner.
The Property Management Policy and Procedure Manual (PRO) provides information necessary for managing the capital assets of Oregon State University from acquisition to disposal.
Property Management within Business Affairs is responsible to:
All departments are required to place one or more responsible persons in charge of all equipment whether capitalized or minor. This applies to the main campus in Corvallis, the Hatfield Marine Science Center in Newport, all Agriculture Experiment Stations, all Extension Offices, and all other OSU installations.
In the event of an inconsistency or conflict, applicable law and the Oregon State University Board of Trustees’ policies supersede University policies and University policies supersede college, department, or lower unit bylaws, policies, or guidelines.
The University reserves the right to add, amend, or revoke any of the contained rules, policies, regulations, and instructions or incorporate additional ones, with or without notice, as circumstances or the good of the University community may require.
A printout of this manual and each change to this manual is created from the original text source for the online version and retained permanently as an official record at University Archives. Printouts of all revisions to online P&P manuals are similarly available.