Dear BU Requisitioners and Approvers,
Procure to Pay is pleased to announce the launch of the Boston University Refurbished Equipment Trade-In & Resale Program, developed in partnership with Cambridge Scientific. This program provides Boston University laboratories with an efficient, compliant option for selling surplus equipment and purchasing high-quality refurbished equipment at reduced cost.
This initiative offers laboratories an alternative to traditional trade-ins, which often yield minimal value. Through this program, eligible surplus equipment may be listed for internal resale across Boston University or resold externally through Cambridge Scientific. The supplier manages the resale lifecycle, including evaluation, listing, marketing, buyer coordination, and logistics, significantly reducing the administrative burden on departments.
Program Benefits
Participation in the Used Equipment Trade-In & Resale Program provides several advantages:
- Receive fair market value for eligible surplus laboratory equipment
- Reduce administrative effort through managed inspection, listing, logistics, and delivery services
- Support internal reuse of equipment across Boston University laboratories
- Purchase refurbished laboratory equipment at significantly reduced cost
- Receive a six (6) month warranty on refurbished equipment
- Promote responsible reuse and sustainability of laboratory assets
Next Steps
Departments interested in participating should review the Procure to Pay Refurbished Equipment Trade-In & Resale Program website, which outlines eligibility requirements, approval workflows, and compliance responsibilities.
Please contact us through the Financial Affairs Customer Service Portal if you have any questions. We look forward to seeing you at the show!
For questions about this program, please contact Procure to Pay through the Financial Affairs Customer Service Portal.
Please note: Boston University equipment listings may not appear on the Cambridge Scientific website immediately at program launch, as initial inventory onboarding is expected to occur within the next 30 days.
Thank you,
Boston University Procure to Pay
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