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 Home » SERVICES » Asset Management Services » Capital Asset Inventories


Capital Asset Inventories

MAXIMUS offers a comprehensive capital asset management solution, including program planning and preparation, implementation of policies and procedures, inventory assessment and valuation, depreciation calculation and reporting, and automated systems implementation. A typical engagement involves compiling property inventories, inventory valuation, bar code asset tagging, developing property control procedures, drafting reports, and implementing technology solutions.

Helping our clients to create accurate "useful life" and depreciation schedules for all capital assets is an integral component of MAXIMUS capital asset management services. This data enables MAXIMUS to prepare reports that satisfy various financial reporting standards, including those established by the GASB.

Our capital asset inventory and related services include the following:

  • Property Control Consulting  – Reviewing and enhancing internal policies and procedures related to ongoing capital asset management functions.


  • Physical Inventories  – Comprehensive, on-site inventory services to establish accurate capital asset records, determine the "useful life" of assets, and create depreciation schedules for infrastructure, buildings, improvements, land, and equipment.


  • Bar Code Tracking Systems – Affixing bar code tags and implementing the use of bar code scanning technology to facilitate improved inventory control.


  • Valuations – Calculating supportable original cost, replacement cost, and actual cash value valuations for infrastructure, buildings, improvements, land, and equipment.


  • Perpetuation – Physical re-inventories and desktop updates to ensure that capital asset records and insured values are current.


  • Reporting – Capital asset management programs from MAXIMUS enable our clients to generate meaningful reports that address a wide variety of site-specific requirements.

For more information about MAXIMUS Asset Management Services, contact a MAXIMUS representative today.

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