Federal guidelines and MSU policy requires that CAM maintain and track all equipment over $5,000. If you wish to maintain and track your own equipment you may do so. However, the official source of equipment information resides in CAM.
Assets that are loaned to the university by government agencies are considered government-owned equipment and are identified as such on the Consignment Gift form. Government-owned equipment requires a "Property of U.S. Government" label.
- Ownership of an asset is identified by the object code used on the asset.
- The “Edit Asset” e-doc is used to update asset information.
- The "Asset Retirement Global" e-doc is used to record a trade-in, loss, discard, cannibalization or destruction of an asset.
- Use the "Asset Transfer" e-doc to transfer an asset to another department or to the MSU Surplus Store for sale or disposal.