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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…

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…

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…

Consulting/Honoraria/Guest Speaker Fees Service income, classified as independent contractor An honorarium is a voluntary payment, or something in value, given to a person in recognition of a special or distinguished service in an academic activity (e.g. a guest lecture, serving on a panel discussion) for which no fixed fee is set. An honorarium payment is made as a gesture to…

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