Ohio University Policy and Procedure

Purchasing - Rental or Lease Equipment

WITHDRAWN as of January 6, 2004




Procedure No.:   55.020

Page No.:        1 of 1

Date Issued:     10/01/77

Issued By:       G. Peebles



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Rental or Lease Equipment

Equipment which is furnished for University use, by outside agencies on a rental or lease basis, whether for a definite or indefinite period, must be covered by a formal purchase order. In the case of lease equipment, the department concerned will clearly mark the requisition, "lease equipment" and specify whether it is to be a new or renewal lease. Vendor lease agreements, if not secured by the Purchasing Department, should be attached to the requisition, and forwarded to the Purchasing Department for execution and signature.


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Dick Piccard revised this file (http://www.ohio.edu/policy/55-020.html) on May 15, 2013.

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