| Responsible Executive | Vice Chancellor-Administration |
|---|---|
| Responsible Office | Property Management |
| Contact | Eric Anglim Director, Property Management and Library Bindery Phone: (510) 409-0044 Email: eanglim@berkeley.edu |
Policy Summary
Any non-expendable, tangible personal property item purchased for $5,000 or more and with a useful life of one year or more must be added to the University's inventory of personal property. This threshold may be superseded by other government, state, or other funding source terms and conditions associated with the funding and University purchase of assets associated with a funded project. To exercise appropriate stewardship of departmental assets, departments may employ additional asset tracking requirements for those items under $5,000 and deemed at risk to loss.