The Federal Government, the State of Alabama, and the Board of Trustees have established specific polices concerning the acquisition, control, and disposal of equipment. The University defines equipment as any apparatus, instrument, appliance, item of machinery, or piece of furniture costing $2,500.00 or more and an estimated useful life of greater than one year. Each Department Head is responsible for the equipment assigned to his/her department. This general responsibility includes responsibility for control, accountability, inventory, and maintenance of all equipment purchased for, transferred to, donated to or assigned to the department. The manual linked below is to provide procedures for identifying, controlling, disposing, and assigning responsibility for equipment in use at the University of Montevallo.