Replacement Costs

Becky Carolus (rjc@psulias.psu.edu)
Tue, 17 Jul 2001 11:18:56 -0700 (PDT)

Penn State charges the actual cost of replacement, or what we paid for it
if it is no longer in print. Anything more than 30 days overdue is
considered lost/stolen and an invoice is generated and sent to the customer
(this is after about 5 late notices and a final "nasty-gram" indicating
that they will be charged for it's replacement if it is not returned.

We currently have a proposal in to our comptroller's office for approval to
begin charging a $35 processing fee in addition to the replacement cost and
a $5/per day late charge (which is waived if an invoice is gerenated).

Becky Carolus
Administrative Assistant
MediaTech & UCIF
203 Special Services Bldg.
863-3101 / 863-2574 (fax)
rjc5@psu.edu