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Is a consumable item of technical equipment considered to be a Capital Expenditure?

asked in Budget by Patrickfriend

1 Answer

Capital equipment generally refers to items that if purchased, may cost over $10,000, and, thereby, be described as capital expenditures. As indicated in RFP-VI, identify and fully justify items of equipment costing more than $10,000. Full justification is required. GoMRI funds may only be used for Capital Expenditures to the extent that the investigator was not able to obtain access to the required capital equipment through other collaborations or partnerships, and such funding has been specifically approved by the Research Board under an approved grant or annual continuation of funding under such grant.
answered by faqeditor

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