Home

About

Advanced Search

Browse by Discipline

Scientific Societies

E-print Alerts

Add E-prints

E-print Network
FAQHELPSITE MAPCONTACT US


  Advanced Search  

 
UNIVERSITY OF HOUSTON SYSTEM ADMINISTRATIVE MEMORANDUM
 

Summary: UNIVERSITY OF HOUSTON SYSTEM
ADMINISTRATIVE MEMORANDUM
SECTION: Fiscal Affairs NUMBER: 03.E.02
AREA: Physical Property
SUBJECT: Property Management
June 24, 1998; Revised July 31, 2010 Page 1 of 2
1. PURPOSE
The University of Houston System is responsible for complying with state and federal
rules for property accountability and control. The purpose of this document is to outline
the roles and responsibilities associated with accountability and control for capital and
controlled assets.
2. POLICY STATEMENT
As required by state law, the president of each component university is required to ensure
that the institution maintain adequate control over capital and controlled assets. The
president of each component university shall designate a property manager to carry out
the manager duties in accordance with state and federal guidelines.
3. DEFINITIONS
3.1. Capital Assets: Possessions that have a single unit value of $5,000 or greater and
an estimated useful life of more than one year. Generally, a capital asset must be
self contained for its primary use and have sufficient size to make its control

  

Source: Azevedo, Ricardo - Department of Biology and Biochemistry, University of Houston

 

Collections: Biology and Medicine; Environmental Sciences and Ecology