As an employee of UH, to what extent may I be held financially responsible for loss or damage to property owned by the University of Houston?

An employee's financial responsibility in the event of loss, destruction, or damage to capital or controlled assets will be determined as follows:

If the circumstances surrounding the disappearance of university property indicate reasonable cause to believe that the loss, destruction or damage was through the negligence of the person(s) charged with the care and custody of the property, then they will be held financially liable for the loss of, or damage to, the item.

To the extent that the employee is not held financially responsible for the loss, destruction or damage to property, each academic, administrative and research department will have to recognize the loss in their cost centers. Each department should develop and document an internal policy to this regard.

Created: Jan 30, 2004 - 2:37am Updated: Aug 07, 2009 - 5:10am Author: Web Technologies Article: 952
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