Specifications include, but are not limited to: The Board is requesting proposals for a physical inventory with appraisal of the Board's fixed assets excluding buildings. The purpose of the engagement is to determine original cost and depreciation on the Consortium's capital assets as set forth by the capital asset reporting requirements of GASB Statement 34, to establish a property control tracking system utilizing barcode technology, and to provide current insurable values to be used for insurance reporting purposes. For the purposes of this engagement, all assets with an original cost of $5,000 or greater should be physically inspected, valued and depreciated for GASB 34 purposes. Barcode tags should be applied. Computers, laser printers, scanners, copiers, Smart Boards, video/data projectors, network hardware (servers, switches, wireless equipment), digital cameras and TV's should be inventoried, tagged and valued regardless of cost for insurance and control purposes. All other assets that fall below the $500 unit cost threshold should be accounted for in groups for insurance purposes
