Our default is $200. Plus $10 late fees and $10 processing fee. Automatically 
bills at 7 days overdue.

When the student returns it, the $200 goes away, they pay $20. (Faculty and 
staff don't have to pay late fees).
If lost and patron reports it to us, we charge actual replacement cost up to 
the $200 plus $10 processing fee. If they tell us immediately, we waive the 
late fee.  Most of the time lost DVD is a feature film available for $15 on 
Amazon.
If item is found and returned within 6 months, they get a refund minus the $10 
processing fee.

Barb Bergman | Media Services & Interlibrary Loan Librarian | Minnesota State 
University, Mankato | (507) 389-5945 | 
barbara.berg...@mnsu.edu<mailto:barbara.berg...@mnsu.edu>

From: videolib-boun...@lists.berkeley.edu 
[mailto:videolib-boun...@lists.berkeley.edu] On Behalf Of Moshiri, Farhad
Sent: Wednesday, February 25, 2015 10:21 AM
To: videolib@lists.berkeley.edu
Subject: [Videolib] Replacement Cost Policy

Dear Collective Mind,

We want to set a default amount for replacement cost for our AV. I need to know 
if you have such a policy and if you do what is your default amount. We used to 
have the amount the same as the cost of the item. But we have been faced with a 
lot of items never returned. Students have paid the replacement cost in order 
to register and we ended up with some items no longer available or much more 
expensive than when we bought them. Thanks.


Farhad Moshiri, MLS
Post-Masters Advanced Study Certificate
Audiovisual  Librarian
Subject areas: Music, Dance, Copyright issues,
Middle Eastern Studies
University of the Incarnate Word
J.E. & L.E. Mabee Library
4301 Broadway - CPO 297
San Antonio, TX 78209
(210) 829-3842

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