Equipment means an article or item of nonexpendable tangible property having a useful life of more than one year and an acquisition cost of $5,000 or more per unit. This definition is documented in UMB’s negotiated Facilities and Administrative (F&A) Cost Rate agreement. The budget category of Equipment should only include items that meet this definition. Less expensive items, such as laptop computers, should be included under either “Supplies” or “Other Expenses”. The budget justification for equipment should provide the type of equipment and any specifications required for the proposed project. Most importantly, explain how this equipment will benefit the project. Do not assume that the reviewers will understand why the equipment is needed. It is usually helpful to include statements to the effect that the equipment will be dedicated to the project, and/or that the equipment is not available elsewhere at UMB for the investigator’s use. Some proposals require a vendor quote – check sponsor proposal instructions. | 
