The Property Management Office (PMO) is responsible for property (capital assets) administration. PMO implements property management policy, procedures, online systems, and training, to maintain an effective, compliant asset life cycle property system. Capital assets include those owned by Stanford, the Federal Government, as well as other Sponsors.
PMO identifies the availability of equipment for research use; facilitates recording and tracking of asset records, including maintenance and warranty information; calculates depreciation; and issues reports to management and sponsors.
PMO manages physical inventory of capital and sponsor-owned assets, which includes meeting with department personnel, scanning all assets located in University space and off campus. In addition, PMO is the liaison with property auditors and provides guidance to departments, faculty, and staff regarding issues related to property administration and inventory. PMO also runs the University surplus sales and reuse programs.