(Approved by the Senior Vice President for Finance and Facilities by authority of Executive Order No. 5)
The University of Washington Financial Management Division is responsible for ensuring that adequate accountability systems are established and administered for University and sponsoring-agency equipment. The Financial Management Division is also responsible for providing a public record of state or federal property. As specified in Federal Acquisition Regulation (FAR), Part 45, "Government Property"; the federal Office of Management and Budget's (OMB), Circular A–110,"Property Standards," (Sections 30-37) for grants; and the state Office of Financial Management's State Administrative and Accounting Manual (SAAM), Chapter 30, "Capital Assets," the University property records are the official property records of the federal government and the state of Washington.
Each of the University's departments designates an inventory contact who, with the guidance of the Equipment Inventory Office, is responsible for tagging equipment upon receipt, recording identifying information, and tracking the equipment whenever its location or status changes. Title and ownership are vested in the University of Washington except where the funding agency retains title as defined in the specific grant or contract document. Property matters related to sponsored grant and contract programs are coordinated with the Office of Research. Regulations and provisions of individual grants and contracts are to be followed, as well as any general federal or state regulations that apply. Equipment is not insured by the University except when certain risk factors exist (see Administrative Policy Statement 14.1, Section 7, "Property Insurance").
The acquisition, reconciliation, physical inventory, utilization, and disposal of equipment at the University of Washington Medical Center, Northwest Hospital and Medical Center, Valley Medical Center, and Airlift Northwest is the responsibility of the respective accounting offices of those units.
The primary responsibility for the physical custody and maintenance of University equipment rests with the appropriate authority (dean, chair, or director in the department) who has custody of the equipment. Each department is to designate an "inventory officer" (in writing) to perform duties necessary to achieve compliance with the state Office of Financial Management regulations. The principal investigator is responsible for federal and agency-owned equipment. The program director is responsible for equipment used in interdisciplinary programs.
The Equipment Inventory Office is the University property administrator and maintains equipment accountability procedures to comply with:
General responsibilities of the Equipment Inventory Office are as follows:
Equipment records for the University are maintained in an online database known as OASIS. This database is accessible at all times through the University's website to any individual who has attended training and submitted an access form. Access forms are available from the Equipment Inventory Office, and training sessions are offered free of charge on a quarterly basis. Use of the OASIS system eliminates the need for UW Equipment Information (Orange) Cards and asset control sheets, and allows a department immediate access to equipment information, as well as the capability to run reports based on departmental needs.
Detailed University procedures related to equipment can be found at the Equipment Inventory Office's web page.
In addition to relevant Administrative Policy Statements, the Equipment Inventory Office's University Equipment Policies web page contains several policies related to equipment, including the following:
For further information contact the Equipment Inventory Office:
December 1999; October 19, 2012.