Part 16. Inventory Control and Property Management
Issued by: Office of Accounting
Date Issued: February 17, 2005
Approved By: B. Gutierrez, Assoc. VP & Controller
Part 16. INVENTORY CONTROL AND PROPERTY MANAGEMENT
Table of Contents
16.1 Inventory Control and Property Management Introduction and Resources
- Statement of Purpose
- Rules and Regulations
- Accountability and Responsibility for University Property
- References
1. State and University
2. Federal
- Related Offices
- Inventory Terms
16.2 Acquisition of Equipment
- Purchase of New Equipment
- Rent/Purchase - Lease/Purchase - Installment Payment
- Fabrication of Equipment
- Noncash Gifts to the University
- Inventory Numbering
16.3 Removal of Equipment from the Inventory
- General
- Equipment Transfer
1. Departmental Transfer Without Charge
2. Departmental Transfer With Charge
3. Transfer to Another State Agency (Interagency Transfer)
4. Transfer to an Out of State Agency
- Sale of Equipment
1. Departmental Sale of Equipment with Estimated Value of Less Than $25,000
2. Departmental Sale of Equipment with Estimated Value of $25,000 or More
- Trade-in of Equipment
- Equipment to be Discarded
- Lost or Stolen Property
16.4 Other Transactions Relating to Equipment
- Transfer from Surplus Property
- Removal of Equipment from University Premises
- Loaned Equipment
- Government Excess Property
- Equipment Acquired under Federal Research Grants
- Departmental Property Records
16.5 United States Government-Owned Equipment Table of Contents
16.5.1 United States Government-Owned Equipment—Introduction
16.5.2 Acquisition of Equipment
16.5.3 Care, Maintenance, and Utilization
16.5.4 Disposition of Government-Owned Equipment
16.5.5 Records
16.5.6 U.S. Government Property Procedures for Applied Research Laboratories
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