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Property Management Manual

Property Management Policies are unit policies that are managed by Finance and Budget.

Crosswalk - Guide to Renumbering Previous Manual

1.0 Introduction

1.1 Property Management Introduction
1.2 Property Management Definitions
1.3 Capitalization of Land, Buildings, Infrastructure, and Public Art
1.4 Capitalization of Equipment
1.5 Library Acquisitions and Special Collections
1.6 Capitalization of Intangible Assets

2.0 Asset Receiving & Creation

2.1 Asset Acquisition
2.2 Sponsored Account Property Ownership
2.3 Fabricated Equipment
2.4 Deliverables to Sponsors
2.5 Accounting for Materials on Government Contracts
2.6 Transferring Equipment to the University
2.7 Asset Receiving
2.8 Trade-In: Federal and other Sponsored Equipment
2.9 Trade-In: University Funded Property

3.0 Asset Maintenance & Modification

3.1 Identification & Use

3.1.1 Equipment Identification
3.1.2 Identification of Government and Other Sponsor-Provided Equipment
3.1.3 Use of University Funded Equipment
3.1.4 Use of Sponsor Owned & Funded Equipment

3.2 Maintenance & Location

3.2.1 Asset Maintenance
3.2.2 Movement & Relocation
3.2.3 Inter-departmental Sales
3.2.4 Off Campus Use

3.3 Unlocated Equipment

3.3.1 Unlocated or Lost Equipment
3.3.2 Security and Loss Prevention

3.4 Rentals & Loans

3.4.1 Equipment Rental for Non-University Purpose
3.4.2 Asset Shipping
3.4.3 Property in Possession of Subrecipient

3.5 Inventory

3.5.1 Performing Physical Inventories
3.5.2 Final Inventory on Government Grants and Contracts

3.6 Reporting

3.6.1 Annual Sponsored Property Reports
3.6.2 Final Sponsored Property Reports and Closeout

3.7 Effectiveness

3.7 Assessing Property System Effectiveness

4.0 Disposal

4.1 Disposal of University and Sponsored Equipment
4.2 Sale of University Equipment
4.3 Transfer of Sponsored Equipment
4.4 Annual Review for Idle, Excess and Under-Utilized Equipment
4.5 Damaged or Destroyed Equipment
4.6 Stolen Equipment
4.7 Relief of Accountability for Sponsor-Owned Property
4.8 Asset Cannibalization
4.9 Disposal of Real Property
4.10 Disposal of Broken, Inoperable Equipment
4.11 Restrictions on Donating University Equipment