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Where should I affix my inventory tag?

Please see Standard Tag Locations for guidance.

How do I tag an equipment item that was purchased on a 40-XXXX budget as a part of a Capital Project?

It depends on what object code was used to make the purchase.  Specific detailes related to this process can be found on the Equipment Acquisition - Capital Projects page. 

Are we required to tag items if we wish to get insurance through the University's Risk Management Office?