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Quick Starts

Purchasing

Payment

Invoice/Receiving

Full Purchasing Policies

Capital Equipment

Capital Equipment is defined as any movable asset that:
  • is valued at $3000 or more
  • has a useful life span of 1 year or more
  • is not permanently affixed to a building

Capital equipment purchases are allowed using the P-Card, but require account code reclassification. Be sure to use the appropriate Property Account Codes:

Non-Federally Funded

  • Chair, fax machine, audio visual equipment, scientific apparatus — Code 175
  • Computer/related equipment — Code 176

Federally Funded (Funds beginning with A1, A3, B1, B3 or 9)

  • Chair, fax machine, audio visual equipment, scientific apparatus — Code 178
  • Computer/related equipment -  Code 173

Plant Fund (Funds beginning with 9)

  • Chair, fax machine, audio visual equipment, scientific apparatus and computer/related equipment — Code 179

See complete policy for additional information on Fabrication and Component Parts.

If you have any questions or comments, please contact Property Administration

Patty Blair, ext. 8704
Mike Kaczor, ext. 6772

Related Policy(s)

1.7 Capital Budget Expenditure
Special Approvers

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