Equipment (Fixed Assets):
Is of a durable nature (nonexpendable) with an expected useful life of at least 1 year, will retain its individual identity (including all component parts) throughout its useful life and, costs $5,000 or more. (In the context of this Manual, "fixed asset", "property" and "equipment" have the same meaning with the exception of use in Sensitive Property discussions).
The equipment grid allows for Detail and No Detail entires. The Indirect Costs and UCAR Fee are not applied to entries on this grid.
For questions regarding equipment please see the UCAR Property Office site: http://www.fin.ucar.edu/property/index.html