{\rtf1\ansi\ansicpg1252\uc1 \deff0\deflang1033\deflangfe1033{\fonttbl{\f0\froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman;}{\f1\fswiss\fcharset0\fprq2{\*\panose 020b0604020202020204}Arial;}
{\f32\froman\fcharset238\fprq2 Times New Roman CE;}{\f33\froman\fcharset204\fprq2 Times New Roman Cyr;}{\f35\froman\fcharset161\fprq2 Times New Roman Greek;}{\f36\froman\fcharset162\fprq2 Times New Roman Tur;}
{\f37\froman\fcharset177\fprq2 Times New Roman (Hebrew);}{\f38\froman\fcharset178\fprq2 Times New Roman (Arabic);}{\f39\froman\fcharset186\fprq2 Times New Roman Baltic;}{\f40\fswiss\fcharset238\fprq2 Arial CE;}{\f41\fswiss\fcharset204\fprq2 Arial Cyr;}
{\f43\fswiss\fcharset161\fprq2 Arial Greek;}{\f44\fswiss\fcharset162\fprq2 Arial Tur;}{\f45\fswiss\fcharset177\fprq2 Arial (Hebrew);}{\f46\fswiss\fcharset178\fprq2 Arial (Arabic);}{\f47\fswiss\fcharset186\fprq2 Arial Baltic;}}
{\colortbl;\red0\green0\blue0;\red0\green0\blue255;\red0\green255\blue255;\red0\green255\blue0;\red255\green0\blue255;\red255\green0\blue0;\red255\green255\blue0;\red255\green255\blue255;\red0\green0\blue128;\red0\green128\blue128;\red0\green128\blue0;
\red128\green0\blue128;\red128\green0\blue0;\red128\green128\blue0;\red128\green128\blue128;\red192\green192\blue192;}{\stylesheet{\ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \snext0 Normal;}{\*
\cs10 \additive Default Paragraph Font;}{\*\cs15 \additive \ul\cf2 \sbasedon10 Hyperlink;}}{\info{\author UT Employee}{\operator UT Employee}{\creatim\yr2004\mo9\dy16\hr12\min52}{\revtim\yr2004\mo9\dy30\hr10\min40}{\printim\yr2004\mo9\dy30\hr10\min40}
{\version4}{\edmins2}{\nofpages1}{\nofwords115}{\nofchars657}{\*\company University of Tennessee}{\nofcharsws0}{\vern8247}}\margl1440\margr1440 
\widowctrl\ftnbj\aenddoc\ftnrstpg\hyphhotz936\aftnnar\noxlattoyen\expshrtn\noultrlspc\dntblnsbdb\nospaceforul\hyphcaps0\horzdoc\dghspace120\dgvspace120\dghorigin1701\dgvorigin1984\dghshow0\dgvshow3\jcompress\viewkind1\viewscale75\nolnhtadjtbl \fet0\sectd 
\sbknone\linex0\headery1440\footery1440\endnhere\sectdefaultcl {\*\pnseclvl1\pndec\pnstart1 {\pntxta .}}{\*\pnseclvl2\pnlcltr\pnstart1 {\pntxta .}}{\*\pnseclvl3\pnlcrm\pnstart1 {\pntxta .}}{\*\pnseclvl4\pndec\pnstart1 {\pntxtb (}{\pntxta )}}{\*\pnseclvl5
\pnlcltr\pnstart1 {\pntxtb (}{\pntxta )}}{\*\pnseclvl6\pnlcrm\pnstart1 {\pntxtb (}{\pntxta )}}{\*\pnseclvl7\pndec\pnstart1 {\pntxta .}}{\*\pnseclvl8\pnlcltr\pnstart1 {\pntxta .}}{\*\pnseclvl9\pnlcrm\pnstart1 }\pard\plain 
\ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\b\f1\fs24 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0 {\f1\fs24 University of Tennessee Health Science Center
\par }{\b\f1\fs24 _____________________________________________________________________
\par 
\par }\pard \qc \li0\ri0\nowidctlpar\brdrb\brdrs\brdrw30\brsp20 \faauto\rin0\lin0\itap0 {\b\f1\fs24 PURCHASING EQUIPMENT UNDER CAPITAL LEASE AGREEMENTS
\par 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0 {\f1\fs24 
\par }\pard \ql \fi-6480\li6480\ri0\nowidctlpar\tx720\tx1440\tx2160\tx2880\tx3600\tx4320\tx5040\tx5760\tx6480\faauto\rin0\lin6480\itap0 {\f1\fs24 Effective Date 09/01/95\tab \tab \tab \tab \tab \tab       Fiscal Procedure F440
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0 {\f1\fs24 Revision (5) 08/11/04
\par }{\b\f1\fs24 _____________________________________________________________________
\par 
\par }\pard \qj \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0 {\f1\fs24 Health Science Center (HSC) departments desiring to purchase  equipment under capital lease agreements should follow University Fiscal Policy F10440 }{\i\f1\fs24 
Purchasing Equipment Under Capital Lease Agreements}{\f1\fs24 .*  
\par 
\par HSC departments wishing to acquire equipment on the basis of either an operating lease or a capital lease (installment purchase agreement) should contact the HSC Purchasing Services for guidance }{\f1\fs24\ul prior}{\f1\fs24 
 to entry of a requisition into the IRIS Financial System.
\par 
\par 
\par 
\par __________ 
\par 
\par * Click here to access Fiscal Policy .  }{\field{\*\fldinst {\f1\fs24  HYPERLINK "https://san4.dii.utk.edu/servlet/page?_pageid=2648&_dad=portal30&_schema=PORTAL30&p_submit=View&p_refid=70&p_search=&p_start=1" }{\f1\fs24 {\*\datafield 
00d0c9ea79f9bace118c8200aa004ba90b0200000003000000e0c9ea79f9bace118c8200aa004ba90bfe000000680074007400700073003a002f002f00730061006e0034002e006400690069002e00750074006b002e006500640075002f0073006500720076006c00650074002f0070006100670065003f005f0070006100
67006500690064003d00320036003400380026005f006400610064003d0070006f007200740061006c003300300026005f0073006300680065006d0061003d0050004f005200540041004c0033003000260070005f007300750062006d00690074003d005600690065007700260070005f00720065006600690064003d0037
003000260070005f007300650061007200630068003d00260070005f00730074006100720074003d0031000000}}}{\fldrslt {\cs15\f1\fs24\ul\cf2 FP 10440 Purchasing Equipment Under Capital Lease Agreements}}}{\f1\fs24 
\par }{\fs24 
\par }}