Equipment Classification

POLICY STATEMENT
 
All equipment must be classified using university guidelines.
 
DEFINITIONS
 
None
 
PROCEDURES and RESPONSIBILITIES
 
An item must fall under one of the following guidelines for classification as equipment:
·        An item has an acquisition cost of $500.00 or more.
 
Regardless of the acquisition cost, the following items are classified as equipment:
·        Weapons
·        Cameras and camera equipment
·        Tape recorders
·        2-Way Radio Equipment
·        Dictating equipment
·        Typewriters
·        Appliances (includes refrigerators, freezers, air conditioners, stoves, microwave ovens, etc.)
·        Televisions/VCR’s
·        Lawn maintenance equipment
·        Sterling silver
·        Cellular phones
·        Major Computer Components (CPU’s, Printers)
·        Air compressors
·        Welding machines
·        Generators
·        Motorized vehicles
·        Antiques
 
If there are any questions regarding the classification of an item as equipment, the Property Officer should be contacted for assistance in the determination.
 
RELATED DOCUMENTS
  • Section 29-9-1 thru 29-9-21, Mississippi Code of 1972, Annotated
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