Property Management Policy & Procedure Manual
Section 900: Sponsored Research and Federal Property
Effective: 07/01/1996
Revised: 04/07/2016


The reporting of equipment and taking of physical inventory will be accomplished as required by the grant or contract, OSU policy, OMB Uniform Guidance, and the Federal Acquisition Regulations (FAR) Part 45-Government Property.

When federally owned property is no longer needed to perform the contract, the Principal Investigator (PI) is responsible for informing Fixed Assets Property Management.

When a sponsor requests special reports and/or a physical inventory outside of the biennial inventory contact the Office of Sponsored Research and Award Administration (OSRAA).

Follow PRO 801 for the Reporting of Lost, Damaged or Destroyed Property.