Request for Asset Recovery Program (ARP) Form
Equipment which is excess to departmental operating needs, and has a value of $100 or greater, can be sold through the Asset Recovery Program. Proceeds of the sale, less a service charge of 15% (up to a maximum of $50), are returned to the selling department. Most material will first be offered for sale to other University departments and/or political subdivisions of the State of Iowa. To declare property as excess, an ARP form shall be completed and signed by the appropriate department head or designee. ARP forms may be obtained by calling the ISU Surplus office at 294-7300. Surplus property under $100 will continue to be transferred to the Purchasing Warehouse for disposition.