Equipment Replacement Cost Policy

Equipment that is not returned to the library will be declared lost after 14 days. The borrower will be subject to paying the maximum overdue fines, a processing fee and the requisite replacement costs.

Replacement costs for Equipment items vary depending on the type of items lost and what it will cost to replace the lost items when they were lost. Factors such as the item's age, any previous damage and/or the functionality of the equipment at the time it was borrowed affect the item's replacement costs. Some Equipment will require the library to consult with other SFU departments, faculties or partners that purchased the equipment. Library partners that purchase equipment for the library to lend set the replacement costs for those items.