Capital equipment (including furniture and furnishings) is defined as an article of nonexpendable, tangible (moveable) personal property with a useful life of more that one year and an acquisition ...

Capital equipment is tangible property having an acquisition value of $5,000 or more and a useful life expectancy of more than one year. Group purchases of tangible property that individually have ...

Occasionally, RIT departments/employees will fabricate an item of capital equipment from component parts. The fabricated item must meet the RIT standard definition for capital equipment: Must be ...

Capital equipment is tangible property having an acquisition value of $5,000 or more and a useful life expectancy of one year or more. Fabricated equipment and component systems, which have an ...

The purpose of this policy is to ensure compliance with: (1) Federal regulations applicable to all Federally-funded equipment; and (2) sound business practices for University-acquired accountable ...

Capital equipment for the University must have an individual cost of $10,000 or more and have a useful life of one or more years, provided sufficient individuality and size exists to make control ...