Physical Inventories of University
Property
SAM Section 8652 details parameters for
inventories and designation of
departmental property administrators.
Department Deans, Directors, or Chairs
should ensure compliance with these
guidelines when appointing personnel to
this position.
The Property Office will provide
inventory instructions to each
department at inventory time. Inventory
of capitalized property ($5,000+) will
be completed at least once every three
years and reconciled with the property
records.
Any property that is not found or
accounted for during inventory will be
surveyed as lost (see Section VII).
Replacement of the lost property will be
at the discretion of, and funded by, the
responsible department.
