University of Wisconsin-Madison

Property Control

Services Provided

Property Control provides equipment information and financial data:

• Required by University Administration for annual financial reporting

• To support funding requests for capital equipment replacement and to demonstrate uses of funding provided for capital equipment

• To identify custodianship and holder of title to University equipment

• Required for calculating Federal overhead equipment use charges

• To provide control for proper use and disposition of University assets

• To ensure adequate insurance coverage and loss settlement

• To provide required interim and final property reports for Federal and non-federal grants and contracts

• To assist University departments in managing departmental assets

• Required for conducting campus physcial inventories

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