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Property Tagging Team on the Move

With the opening of campus this fall, the VPF Property Office has resumed the process of in-person tagging of new equipment. Team members Leo Browne, Richard Janus, John Jenkins, and Kerry Johnson are working to address the backlog of untagged equipment purchased since March 2020. Their assignment is to tag…
Publication Date
11/3/2021
News

Office of Insurance Now Part of VPF

The MIT Office of Insurance has recently joined VPF. Led by Director of Insurance Sandy Mitchell, the Insurance team is an important and valued resource for DLCs and the wider MIT community, protecting the Institute from risk of financial loss due to property and casualty-related occurrences. It strives to raise…
Publication Date
10/11/2019
News

How to Buy a Used Computer or Phone from the Institute

As a member of the MIT community, you can buy a used laptop, desktop computer, tablet, or smartphone from the Institute. Purchasing surplus equipment is a great way to save money and put good equipment to use while reducing the cost to MIT for disposal of computing devices. If you…
Publication Date
6/1/2017
News

An MIT-Sized Neighborhood Swap

The VPF Property Office historically has worked with MIT DLCs to repurpose surplus lab equipment, furniture, and other reusable supplies. Last year, for example, in conjunction with the MIT Warehouse and Equipment Exchange, it tracked 840 pieces of lab equipment and furniture that were swapped from one lab to another…
Publication Date
11/12/2019
News

Inventory Cycle - Coming Around Again

The VPF Property Office is once again making the rounds through every MIT building to inventory movable equipment, a process that takes two years to complete. This perpetual inventory of nearly 70,000 items in 105 buildings supports overall accounting of MIT’s capital assets and helps MIT comply with requirements of…
Publication Date
3/17/2017
News

Updates on Shipping Guidance from MIT's Preferred Vendors

As you resume shipping and receiving parcels to and from campus, remember to check for updated guidance from our Preferred shipping vendors. FedEx encourages staff to create a departmental account on the FedEx Website to better manage invoices and payments. There are also changes to requirements for shipments to China…
Publication Date
11/3/2021
News

VPF Point Person: Michael Yeates

When a new piece of capital equipment arrives on campus, the lab purchasing the equipment can expect a visit from VPF Property Auditor Michael Yeates within days of its arrival, often while the boxes and packing materials are still out in the hall. Making his rounds to campus laboratories to…
Publication Date
7/30/2017
News

Insurance Deductible Increases Effective September 1

Starting on September 1, 2022, MIT's internal deductibles for insurance will change as follows: 1. Campus property will increase from $1,000 to $2,500 2. Fleet vehicles and rental vehicles will increase from $1,000 to $2,500. Using an MIT Preferred rental agency can reduce the deductible you pay in the event…
Publication Date
7/14/2022
News