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Learn the required steps for transferring or trading in tagged capital equipment. This includes notifying the Capital Asset Team when equipment changes location, custodian, or institution, and obtaining necessary approvals for external transfers or trade-ins.

Fabricated equipment includes PI-built items with a total cost of $5,000+ and a service life over one year. Only material costs are capitalized. The Controller’s Office assigns a tag # for tracking purchases and later adds the item to the catalog for depreciation and inventory management.