"University policy requires that all assets, whether tagged with a University property control tag or not, follow the established disposal method as outlined by the ORC and The University of Toledo. This method requires assets to be listed on an Asset Management Form and submitted to Property Control for disposal consideration. Surplus property is disposed of by public sale, public auction, sealed bid or through coordination with Rocket Recycling. At no time are University assets authorized to be donated, given, traded or sold to any outside organization, individual or non-profit organization." From: Finance & Business Services February 2001 Vol 1 page 3. The University of Toledo Equipment Disposal Procedure