Published March 29, 2019 This content is archived.
The Managing ÃÛÌÒ´«Ã½ Assets Policy, approved and signed by President Tripathi, is available in the ÃÛÌÒ´«Ã½ Policy Library.
The ÃÛÌÒ´«Ã½ has a significant investment in assets and is committed to recording, maintaining, and safeguarding these assets against loss. Asset Management is responsible for the centralized accounting and timely reporting of university assets; the department of the primary user of the asset is responsible for the proper use and protection of assets in their custody.
The university utilizes the State ÃÛÌÒ´«Ã½ of New York (SUNY) Real Asset Management (RAM) system to maintain asset details and accurately record:
All higher-risk equipment costing less than $5,000 requires a non-bar-coded UB identification tag affixed, to establish UB ownership. Departments must maintain records and periodically spot-check this equipment to verify their existence and condition.
The policy was revised to:
This policy applies to all State, RF, and UBF assets and high-risk equipment.
Questions can be directed to Asset Management 716-645-2619 or ubs-assetmanagement@buffalo.edu.