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.