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Equipment Inventory

Begins May 1, 2017

In conjunction with the Facilities and Administrative (F&A) rate proposal, the University has engaged Duff and Phelps (formerly American Appraisal) to inventory the equipment in 12 buildings that have significant research activity. Duff and Phelps will be on campus beginning Monday, May 1, 2017. Because of this on-site, physical inventory, General Accounting will not be conducting the annual asset confirmation process this year. This process will serve as that confirmation for FY 2017. This equipment inventory will also allow us to be in full compliance with federal regulations for inventorying all federal assets.

We need the full cooperation of all individuals who have offices and/or labs in the buildings listed below to allow the Duff and Phelps team access to your space during the estimated inventory dates. We recommend that department administrators and/or asset custodians plan to be available to allow access to locked areas to the Duff and Phelps team during the indicated dates. This will allow the inventory to be completed in the most expeditious manner with the least amount of disruption. Further, your support will ensure the most accurate data being included as part of our F&A proposal and to further improve the data in the Banner Fixed Asset module.

Below are the buildings being inventoried and the approximate time frame in which the inventory will be completed:



Campus  Estimated Timeframe of Inventory
Disque Hall University City  May 8th through May 10th, 2017
New College Building Center City  May 1st through May 5th, 2017
LeBow Engineering Center University City  May 11th through May 12th, 2017
Center for Automation Technology University City  May 11th through May 12th, 2017
Alumni Engineering Labs University City  May 15th, 2017
Queen Lane Queen Lane  May 30th through June 2nd, 2017
Stratton Hall University City  May 16th through May 17th, 2017
Papadakis Integrated Sciences Building University City  May 17th through May 19th, 2017
Bossone Research Center University City  May 22nd through May 24th, 2017
3101 Market Street University City  May 24th through May 25th, 2017
The Academy of Natural Sciences Center City June 5th through 7th, 2017
Doylestown Doylestown June 8th, 2017 

If you have any questions or concerns regarding the upcoming equipment inventory, please do not hesitate to contact