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Get the free Equipment Purchase Pre-Approval - adminfin csusb

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This document serves as a pre-approval request for purchasing equipment valued at $500 or more, ensuring compliance with university procurement policies and procedures.
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How to fill out equipment purchase pre-approval

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How to fill out Equipment Purchase Pre-Approval

01
Gather necessary documentation such as quotes, specifications, and justifications for the equipment.
02
Fill in the required fields on the Equipment Purchase Pre-Approval form, including details of the equipment, expected costs, and justification for the purchase.
03
Attach any supporting documents that provide additional context or justification.
04
Review the filled form for accuracy and completeness before submission.
05
Submit the form to the designated approver or department for review.

Who needs Equipment Purchase Pre-Approval?

01
Department heads who wish to make equipment purchases.
02
Individuals responsible for budget management.
03
Employees involved in procurement processes.
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Equipment Purchase Pre-Approval is a process that ensures necessary approvals are obtained before acquiring equipment to guarantee that purchases align with organizational policies and budgetary constraints.
Typically, all departments or teams intending to purchase equipment that exceeds a specified dollar threshold or requires budgetary allocation are required to file for Equipment Purchase Pre-Approval.
To fill out Equipment Purchase Pre-Approval, you usually need to complete a specific form including details such as the type of equipment, estimated cost, justification for the purchase, and the intended benefits to the organization.
The purpose of Equipment Purchase Pre-Approval is to ensure that all equipment purchases are justified, align with strategic goals, and adhere to budgetary limits, thereby promoting fiscal responsibility within the organization.
Information that must be reported includes the description of the equipment, its cost, need justification, department requesting the purchase, and any potential alternatives considered.
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