Modular furniture is defined as furniture made up of independent work surface and storage units with panels used as end panels or space dividers. It includes all modular furniture components that collectively are required to complete a workstation.

Although an assembled workstation might be considered an item of major equipment, it would be undesirable to tag the workstations, because doing so would negate one of the chief advantages of modular furniture - the ability to disassemble and reconfigure components with a minimum of inconvenience. But in order for the modular furniture to be insured, it must be tagged as minor inventory and tracked on each department’s minor inventory listing.

In summary, individual items of modular furniture will not be capitalized as major equipment regardless of cost.

In some cases, Facilities constructs office furniture for departments on campus. This furniture, once in a department, is not considered to be modular furniture, as it does not meet the definition above; it is not easily disassembled or reconfigured. Facilities office furniture is accounted using one of the following methods:
- Tagged as major if cost is greater than $5,000; managed in Asset Management system
- Tagged as minor if cost is less than $5,000; managed in spreadsheet maintained by department
- Coded as fixed in unusual circumstances. Please contact Asset Management for guidance on this coding.