Statutes, codes, and regulations
Illinois Administrative Code
Title 44 - GOVERNMENT CONTRACTS, GRANTMAKING, PROCUREMENT AND PROPERTY MANAGEMENTPart 5010 - MARKING, INVENTORY, TRANSFER AND DISPOSAL OF STATE-OWNED PERSONAL PROPERTY
Subpart B - MARKING AND INVENTORY OF STATE PROPERTY
Section 5010.220 - Inventory of Equipment

Ill. Admin. Code tit. 44 § 5010.220

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Current through Register Vol. 48, No. 49, December 6, 2024
Section 5010.220 - Inventory of Equipment

All equipment with an acquisition value greater than the nominal value and equipment that is subject to theft with a value less than that nominal value must be reported to CMS by the holding agency. Equipment with an acquisition value of less than the nominal value that is not subject to theft is not subject to reporting; however, agencies will be responsible for establishing and maintaining internal control over these items.

Ill. Admin. Code tit. 44, § 5010.220

Amended at 12 Ill. Reg. 10671, effective June 14, 1988

Amended at 40 Ill. Reg. 7569, effective 5/6/2016
Amended at 43 Ill. Reg. 5637, effective 5/3/2019