July 2008

Property Management Policy

5-9


The majority of property for which UCAR is accountable is obtained with Federal funding or through acquisitions from government excess.  Therefore, it is UCAR's policy to be accountable for all property acquired for and used in the performance of its mission, in compliance with Federal property regulations and guidelines.  Regulations and guidelines with which UCAR must comply include, but are not limited to, OMB Circular A-110 and other applicable contract terms and conditions.

This policy applies to all property for which UCAR is accountable, including property that has not been purchased with Federal funding or through acquisition from government excess.  Such property may also include Government Furnished Equipment which is property directly acquired by the Government and subsequently made available to UCAR for use in specific projects or programs. UCAR property management procedures apply to the acquisition, accountability, care, use, loan, borrowing, modification, inventory, disposition, and reporting of all property under UCAR's care and custody.

Employees should contact their division, laboratory, program, or department Division Property Administrator (DPA) for information about procedures relating to property for which they are or will be accountable.  A list of DPAs can be found on the UCAR Finance & Administration Property Web site.

Contact UCAR Property Administrator for interpretation of this policy.