Purchasing Policy and Procedure
Equipment that is not permanently attached to buildings or grounds and that has an acquisition cost of $5,000 or more (including sales and/or use tax, freight, and installation) and a life expectancy of one year or more is considered Capital Equipment.
For Capital Equipment purchases,
the requesting department must:
1. Specify the special requirements on the requisition.
2. Code the RQS line with a capital object code and sub object code (i.e. 7830 10 Office Machines).