Major Equipment Inventory

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

The departmental 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 values.

1. 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.
   • Step 2 and 3 below will be referenced in the step by step guide. Please open and follow the guide listed in step 1 before moving on.
2. Open your department's Major Equipment Inventory Listing
3. Complete the Major Verification Report
   • Step by step directions on completing the verification report are listed in the annual inventory guide.