Financial Services Manual (FIN)
- Is the private (non-ASU) use in an ASU facility that is
tax-exempt financed (see the listing
of facilities that are tax-exempt financed)?
If yes, go to Step 2.
If no, no further review is needed.
- Is the facility use for research sponsored by private
If yes, research must be handled by ASU’s Office of
Research and Sponsored Projects.
If no, go to Step 3.
- Is the facility use or rental arrangement with an external
(non-ASU) party for no more than 50 days of total use, and is fair
market value being charged for the use? The days of use do not need
to be consecutive days. Also, the agreement can be automatically
renewable for additional periods of 50 days or less as long as
either party has the right to not renew.
If yes, no further review is needed.
If no, the agreement must be submitted to the senior associate vice president for Finance and deputy treasurer for review and
Return to FIN 126