Equipment.

2 C.F.R. § 1108.170
in effectEffective: 2024-07-01
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Equipment means tangible personal property (including information technology systems) having a useful life of more than one year and a per-unit acquisition cost which equals or exceeds the lesser of: (a) $5,000; or (b) The recipient's or subrecipient's capitalization threshold for financial statement purposes.

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