5.5.2 Inventory and Fixed Assets Controls

5.5.2 – Inventory and Fixed Assets Controls

Standard: The agency shall have established procedures for inventory control of property, equipment, and other assets to prevent losses and unauthorized use, and to avoid both inventory excesses and shortages. There shall be a complete and current listing of agency assets.

Suggested Evidence of Compliance: Provide procedures for inventory and fixed asset control.

PRC staff are required to follow established procedures for inventory control of property, equipment and other assets. An annual equipment inventory check is conducted by PRC Finance Division at facilities. Any discrepancies noted on the Department of Public Works and Transportation master equipment list must be addressed.

Agency Evidence of Compliance:

5.5.2 – EOC 1 PRC Inventory Control Procedures

5.5.2 – EOC 2 PRC Vehicle and Equipment Inventory 2021

5.5.2 – EOC 3 PRC Administration Manual:

Section 211 Ethics and Standards of Conduct;
Section 416 Security Procedures

5.5.2 – EOC 4 PRC Inventory of Insured Buildings