Overview

Property Management maintains accurate records and accounts for all controlled and capital equipment possessed by Lamar University.

Property Management is also responsible for maintaining the surplus warehouse for Lamar University.

Tagging Criteria

Our department places property tags on any single item with an acquisition cost of $5,000 or greater.

Purchases in the categories listed below also receive property tags if the acquisition cost is $500 to $4,999.99, unless otherwise noted.

• Guns of any value
• Computers – Desktop, Laptop and Servers of any value
• Smartphones, Tablets, and Other Handheld Devices of any value
• Stereos, Sound Systems and Other Audio Equipment
• Disc Players, VCRs and TVs
• Cameras
• Camcorders
• Projectors
• Drones

Annual Inventory Verification

Key Due Dates: Certification of inventory verification is due June 15, 2023.

Instructions for Conducting Annual Inventory Verification

Property Management Forms

• Acknowledge Receipt of Gift-In-Kind or Loaned Inventory (PDF)
• Designation of Department Property Custodian (PDF)
• Equipment Cannibalization Record (PDF)
• Equipment Transfer Request (PDF)
  • Department-to-department transfer
  • Relocate furniture and equipment within the same department
  • Update tagged property location for inventory
  • Request items from Surplus
• Found Asset Not on Inventory (PDF)
• Improvement and Betterment of Existing Asset (PDF)
• Inventory Tag Request for Fabricated Equipment (PDF)
• IT Equipment Removal Request (PDF)
  • Only for items with hard drives (i.e. computers, laptops, tablets, copiers, etc.)
  • Not for monitors, keyboards, mouse, printers, etc.
• Missing, Damaged or Stolen Property Investigation Report (PDF)
• Remove Equipment from Campus Request (PDF)
• Surplus Removal Request (PDF)
  • Removal of unwanted furniture and equipment
  • Not for anything with hard drives (i.e. computers, laptops, tablets, copiers, etc.)
• Transfer of Department Property Custodian Responsibility (PDF)
• University Property/Equipment Checkout (PDF)
• Warranty Equipment Replacement Request (PDF)