PAP.2.13.020 Property and Equipment Database Maintenance

(a) The Chief Procurement Officer will maintain the database of all property and equipment owned by the Tribe. The database will include: tag number, description, serial number, acquisition date, cost, vendor, location, source of funding and conditions, and any grant or other restrictions.

(b) All equipment valued over $5,000 will have a tag affixed with a unique identifying number.

(c) The property and equipment database will be consulted prior to the sale of any item to determine if there are restrictions. Grant purchase equipment may generally not be sold without the grantor's permission.

(d) A biennial inventory shall be taken by the each Department Director to verify the existence of the property and equipment listed in the database.

(e) Equipment will be included in the database using the definitions for capitalization found in Section PAP.2.13.050 of this manual.