Exhibit C2 - Rentals vs Leases

Is one or more of the following criteria met?
  1. Lease transfers ownership to UW
  2. Lease contains bargain purchase option
  3. Lease term > or = 90% of the value of the asset
YES

Use the following SFS Codes:

  • 4625; Computer Equipment
  • 4635; Computer Software
  • 4655; Automobiles
  • 4665; Trucks & Other Vehicles
  • 4605; Other Equip/Furniture
  • 4485; Land
  • 4525; Buildings & Attachments
NO Lease of space?
YES Use SFS Code: 2325 (include SS#/FEIN); Individuals, Sole Proprietors, Partners
NO

Use the following SFS Codes:

  • 2305; Land
  • 2335; Data/Word Processing Equipment
  • 2345; Vehicles from Dealerships
  • 2355; Aircraft
  • 2370; Other Equipment from Sole Propietors, Partners, Individuals
  • 2370; Other Equipment/Other Vendors