An item is considered equipment if it meets all the following criteria:
While equipment valued less than $2,500 is not recorded in Banner Fixed Assets, items of equipment should not be considered expendable based solely on the recorded value. All U of I System equipment is identified with a "Property of the State of Illinois" label for items under the threshold or a "University of Illinois, State of Illinois" assigned PTag for equipment items recorded in Banner Fixed Assets.
Each unit must assign individuals to serve as a FABweb Unit Rep, FABweb Approver, Biennial Unit Contact, and Biennial Unit Head. For detailed information about the FABweb Unit Rep and Biennial Unit Contact's responsibilities, consult OBFS Policies and Procedures Manual, 12.2.2 Unit FABweb and Biennial Roles and Responsibilities. Contact your Unit Security Contact (USC) to update these unit-assigned roles for FABweb or Biennial Inventory.
Email UPAR with any special requests for additional data. When doing so, please include “Special Request” in the subject line.