Asset Management
Responsibilities
- Reviews capital purchases
- Capitalize and assigns tags to capital purchases
- Inventories equipment valued over $5,000
- Reviews submissions of surplus property for capital equipment
Asset Acquisition
The process in which assets are requisitioned, approved and purchased. This refers to assets purchased with a 63xxx account.
Capital Assets
Capital assets are high value purchases with a long expected useful life that meets the minimum capitalization threshold price. Assets inventoried regularly.
Surplus Property-Disposal
Assets that have reached their useful life or are non-functional may be sent through the surplus property. Reviewed by asset management.
Surplus Property-Disposal Procedure
Personal Use
No property/equipment owned by the University may be used for personal use.
Contacts
For questions or concerns regarding electronics recycling, surplus property disposal/transfers, sales or accessibility please contact:
Mae Ikerd
Surplus Property Warehouse Manager
406-243-5621
mae1.ikerd@umontana.edu
For questions or concerns on capital assets/equipment, inventories, please contact:
Tara Scott
Financial Manager
Business Services
(406)243-5802
Tara.Scott@mso.umt.edu
Jody Parrow
Business Services
(406) 243-4064
Jody.Parrow@mso.umt.edu