What is the threshold for: a) Equipment, b) Machinery & Equipment (M&E) purchases, and c) Procurement Card Equipment Purchases?

a. Tangible assets acquired through donation, gift, purchase, loan, capital lease, or self-construction, with a life expectancy of more than one year and a total acquisition cost of $5,000 or more (total purchase price including shipping, handling, tax, etc.) should be assigned an appropriate University equipment identification tag and inventoried.

FAQ Category

Can I purchase equipment for the Fellow to keep on a Fellowship (80 series) budget using eProcurement, ProCard, or a check request?

Yes.  Equipment for the fellow to keep may be purchased on a fellowship budget using any one of the University's purchasing methods, as long as supporting documentation is provided (award documentation or an email from the sponsor) stating the equipment may become the personal property of the Fellow.  Please code these equipment items as 05-40 Non-inventorial Equipment.

FAQ Category

We received some equipment as a gift. How should I handle it?

If the equipment has a current fair market value of $5,000 or more and a life expectancy of at least one year, enter the equipment information into the OASIS system:
Status 'T'
Requisition number '000000'
Acquisition method 'GF'
You will also need to complete a Gift Transmittal Form and submit it to Gift Processing, Box 359505. This will ensure proper reporting.

FAQ Category

Equipment Tag Request

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Use this form to request tags for your department. We fill orders in increments of 25.

EIO does not charge for equipment tags.