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Purchasing Services is responsible for the identification and inventory of college capital assets valued over $2,500 and greater. Asset items are assigned an inventory number and labeled with a college property sticker. Department inventories of all fixed assets are reviewed annually and physical checks are done on a random basis.
Departments heads are responsible for the care of fixed asset items. Lost or stolen college property is reported to Purchasing Services and College Security immediately upon discovery.
Items transferred to other departments, traded-in on replacement equipment, or determined to be damaged, obsolete, unrepairable, or of no value to a department, are considered Surplus and are transferred to Purchasing for disposal.
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>> Return to Lane's Home Page >> Return to Purchasing Services Main Page >> Return to top of page Lane Community College - Purchasing Services - Building 3, Room 103 4000 East 30th Ave, Eugene, OR 97405 Ph. (541) 463-5574 - Fax: (541) 463-4174 Questions or comments regarding this website can be directed to baldwinb@lanecc.edu Revised 6/10/09 (llb) © 1996-present Lane Community College |
