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It is the intention of The University of North Carolina at Chapel Hill to insure that currently owned space is utilized with the greatest efficiency. The University Administration wants to assure that Carolina leases space only when it is appropriate to do so given the nature of the space needed, the location of the programs and the space demands on the campus. When leasing is required, the University Administration also wants to assure the rental rates are cost/beneficial.

North Carolina General Statutes require that all state-owned buildings and contents be insured either through the NC Department of Insurance or the State's insurance broker of record. Failure to report these properties in a timely fashion may jeopardize our insurance coverage.

North Carolina General Statutes require that all state-owned buildings and contents be insured either through the NC Department of Insurance or the State's insurance broker of record. Only those insurance coverages offered by the NC Department of Insurance or our insurance broker are available to us.

To ensure proper insurance coverage, Risk Management Services must be notified of the acquisition or surplus of University property, including buildings, and must report these to the State. This process requires effective communication within the University as well as with the State Property Office and NC Department of Insurance.