The Rice Classifieds website is design to promote the transfer, purchase, or disposal of items owned by the University. This system should be a dramatic improvement over the previous Greensheet process. It encourages and empowers the disposition of items at the individual departmental level.

The item is scheduled to be transferred, sold, or disposed.

1. The item will need to have prior approval by department head before posting on the Rice Classifieds system
2. If the item was purchased on research funds, the listing department and Research Accounting will both confirm that the item is available for transfer, sale, or disposal.
3. If the item is a previously-used piece of lab equipment (including, but not limited to, research equipment, glassware, measurement tools, refrigerators, etc), then the Office of Environmental Health and Safety will need to confirm the appropriate method of transfer, sale, or disposal
4. The department posts the item for 2 weeks to the Rice Community (On-Campus Listing). This is for a sale/transfer of item within Rice (interdepartmental transfers).
• Department receives bids on a first come first serve basis.
• Department accepts or rejects individual bids.
• At the end of the 2 week period the listing is moved to an Off-Campus Listing.
5. The department posts the item for 2 weeks to the Off-Campus Rice Community disposition category. This is sale for non-Rice use.
• Department receives bids on a first come first serve basis.
• Department accepts or rejects individual bids.
• During this time, the item can still be listed for interdepartmental transfers as well.
• At the end of the 2 week period the item can be disposed of in any manner the department sees fit, including trash.

If an offer is accepted,

1. Listing/selling department will provide the Purchaser with an invoice with all pertinent item identification and account codes.
2. Purchaser transmits funds to Rice University cashier.
3. Rice University cashier transfer of funds to the appropriate Rice account and provides Purchaser with stamped receipt.
4. Receipt is shown to Listing/selling department and item is transferred to new owner.

Otherwise, the property is available for disposal.