Equipment Policies/ Fabricated Equipment Policy

Fabricated equipment is an item of equipment that is built or assembled from component parts by a PI and/or other sponsored project personnel, an internal shop, or an external shop. When a completed item of fabricated equipment has an aggregate cost of $5,000 or more AND when that item will be recorded as capital equipment in the University's asset system, the individual component costs associated with the fabrication - regardless of the individual amounts - will not be assessed the F&A rate.

Resource/Topic	Description
NU Equipment Policy Manual	NU's Equipment Policy Manual provides guidance on capital, non-capital, and fabricated equipment
Fabricated Equipment Procedures	Procedures regarding fabricated equipment, defined as an item of equipment that is built or assembled from component parts by a PI and/or other sponsored project personnel, an internal shop, or an external shop
Office of Management and Budget (OMB) Circular A-21 Note: Scroll down to Subpart J, Section 18 (a) "Equipment and other capital expenditures"	Rules of allowability for equipment and other capital expenditures
Office of Management and Budget (OMB) Circular A-110 Note: Subpart C, Section .34	Policies regarding purchase and use of equipment under federal agreements