Upgrades

An upgrade is defined as a purchase that extends the useful life of an existing piece of equipment by more than one year. Generally, an upgrade represents a substantial reinvestment in the existing piece of equipment. If the value of the upgrade is $5,000 or more, the purchase can be processed as moveable capital equipment.

When ordering an upgrade, please include the BU-tag number for the asset being upgraded and a comment on the purpose of the upgrade in the purchase requisition.

An additional tag will be affixed on the new equipment or on the existing asset if the upgrade is un-taggable.

Accessories, replacement parts, and repairs with a value of less than $5,000 will be treated as an expense item.