New Revenue Sharing Rates

Effective May 1, 2016, UC Berkeley Surplus will be adhering to new surplus sales revenue sharing rates with originating departments as follows:

Net Revenue

Previous Net Revenue Sharing Rates

Revenue Sharing Rates Effective May 1, 2016

$0 - $1,499

0

0

$1,500 - $4,999

80%

60%

$5,000 - $6,999

80%

70%

$7,000 – up

80%

80%

The above rates replace the practice of revenue sharing 80% of the net sales revenues with originating departments, a formula that had not changed for thirteen years.

These adjustments are consistent with, if not lower than those of peer institutions that provide similar service.  It allows the campus’ Surplus department to continue serving the campus under a self-supporting model in the face of ever increasing disposal and material handling expenses.  Further, the change creates no additional burden for campus departments.

With the exception of department surplus items that cannot be safely removed from a department location by one Property Management staff member within a 20 minute period, Surplus will continue to absorb all costs associated with retrieving and handling useable surplus property through the revenue it retains.  Non useable surplus that is sent to Surplus to avoid refuse charges will be recharged the corresponding refuse disposal expense.  When items cannot be retrieved by one staff member within the prescribed time, the department will be presented with other options, such as dropping off the items at the Surplus facility or contracting with a moving vendor to do so.