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Major Equipment Inventory

NDCC 44-04-07 requires each department to perform an annual inventory of major equipment.

The inventory coordinator for each department will receive a memo from Asset Management once per year with instructions for completing the annual major equipment verification report. If you have received a memo but are not the inventory coordinator for your department, please notify UND.assetmanagement@UND.edu.

For further information, please review the Annual Inventory policy

Annual Major Equipment Process

North Dakota State Law (Century Code Chapter 44-04-07) requires each department to perform an annual inventory of major equipment. Major equipment is identified by silver University of North Dakota major equipment tags with unique numbers.

  1. Your department's Major Equipment Inventory Listing will be sent via email. Each department will have a separate worksheet.
  2. Open the Annual Major Inventory Guide to walk through the requirements step-by-step. This guide will walk you through the annual major inventory process from start to finish. It is important to read and follow the guide in detail.
  3. Complete the Major Verification Report
Controller's Group
Bronson Center Room 120
1301 Ralph Engelstad Arena Dr Stop 8364
Grand Forks, ND 58202-8364
P 701.777.2771
UND.financereporting@UND.edu

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