There are new guidelines in place starting July 1st regarding all equipment purchases under $5,000!
- New definition/threshold for Controllable Property
- Responsibility for tagging and tracking Controllable Property equipment assets
- KFS object code changes for equipment purchases
- Changes in guidelines for Capital Equipment Funding purchases (770xxxx)
For full details regarding these changes, please refer to New Asset Tagging Procedures and Thresholds, and the Inventory Control website.
For more information, contact: Inventory Control at InventoryControl@uconn.edu