An inventory of all College equipment, regardless of the source of funds used to purchase the equipment, shall be maintained by the college.  The inventory will include items with a value of $5000.00 or more or listed as equipment in grant applications.  The inventory should include the following information:

1. Description of item
2. Serial number and/or model number
3. Brand or manufacturer’s number
4. Purchase price and date
5. Guarantee maintenance agreement
6. Vendor name

History:

Adopted: Policy has been in place prior to Sept. 2003
Reviewed: 8/2020
Revised: 9/16/2020