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Tagging
Information
To Tag or Not To Tag? Lab Furniture and Equipment with a
purchase price of $1,500.00 and higher (Including tax, freight
and other charges) need State ID tags.
Does A Component Bought For An Existing
Piece Of Equipment Need To Be Tagged.? Only if it meets the University Accounting definition
as "non-expendable property" or "equipment"
by the following criteria:
1. A normal useful life of at least 4 years.
2. An acquisition cost of at least $1,500.
The unit cost is calculated on (purchase price) + (tax)+(shipping)+(installation).
3. Used to conduct state business.
Moving Equipment Within A Department When equipment change's location
within a department, notify Material Management. The current
procedure requires completion of an "Intracampus Transfer
Of Equipment" form. In the near future departments will
be able to change location of equipment items by accessing the
internet.
Moving Equipment From Department To
Department When
a department transfers equipment to another department, the department
transferring the equipment is responsible for completion of an
"Intracampus Transfer Of Equipment" form. All signatures
must be on the document. In the future departments will be able
to change the location of the equipment on the internet. Departments
WILL NOT have the ability to change the department of ownership.
Taking Equipment Off Campus Department Chairs or Administrators
can authorize the use of equipment off campus. To accomplish
this complete an "Equipment Loan Agreement" form. Submit
the form to Material Management.
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