Durable equipment. Costs relating to the purchase or leasing with option to buy of durable equipment may be charged as direct cost. The eligible costs for durable equipment leased with option to buy shall not exceed the costs that would have been incurred if the equipment had been purchased, taking account of the formula below. The costs to be charged to the project shall be calculated according to the following formula: A = the period in months during which the durable equipment is used for the work programme after invoicing, B = the depreciation period for the durable equipment: 36 months for computer equipment costing less than EUR 25 000 or 60 months for other equipment, C = the actual cost of the durable equipment, D = the percentage of usage of the durable equipment for the project. The durable equipment may have been purchased or leased with option to buy: - within the six months preceding the work programme commencement date, - for a previous agreement concluded with the Agency, provided that the depreciation period has not been exceeded. Only the costs relating to the unexpired depreciation period may be charged. Hire costs shall be charged to the project pursuant to Article II.17.8.
Durable equipment. Any equipment, materials, supplies, or property of any kind purchased for or financed from funds provided under this Agreement, excepting any funds received for indirect expenses pursuant to the budget document attached as Exhibit B, having a useful life of three (3) years or greater or a value in excess of Five Thousand Dollars ($5,000.00), shall be defined as an inventory item. All inventory items not fully consumed in the work described herein shall be the property of the COMMISSION at the termination of this Agreement unless the COMMISSION, at is sole discretion, makes an alternative disposition.
Durable equipment. 02. 03. 01. Vehicles 02. 03. 02. Communication 02. 03. 03 Other
Durable equipment. 02.03.01. Vehicles
Durable equipment. A device or appa- ratus which does not qualify as durable medical equipment and which is essen- tial to the efficient arrest or reduction of functional loss resulting from, or the disabling effects of a qualifying condi- tion as provided in § 199.5.
Durable equipment. Expenses for rental of a wheelchair, an iron lung and other durable equipment for temporary therapeutic treatment, not to exceed the purchase price prevailing at the time rental became necessary, subject to the maximum stated in the Schedule, per Accident or Illness.
Durable equipment. Costs relating to the purchase or leasing with option to buy of durable equipment shall be charged to the contract pursuant to this paragraph. Hire costs shall be charged to the contract pursuant to paragraph 3 of this Article. The eligible costs for durable equipment leased with option to buy shall not exceed the costs that would have been incurred if the equipment had been purchased, taking account of the formula below. The costs to be charged to the contract shall be calculated according to the following formula: A = the period in months during which the durable equipment is used for the project after invoicing, B = the depreciation period for the durable equipment: 36 months for computer equipment costing less than EUR 25 000 or 60 months for other equipment, C = the actual cost of the durable equipment, D = the percentage of usage of the durable equipment for the project. The durable equipment may have been purchased or leased with option to buy: - within the six months preceding the project commencement date, - for a previous contract concluded with the Community, provided that the depreciation period has not been exceeded. Only the costs relating to the unexpired depreciation period may be charged.
Durable equipment. Expenditure relating to the purchase of equipment forming an essential part of the project, in order to allow the adequate operation of the investments (either permanently installed and fixed in the project, or mobile) is eligible, provided that it is listed in the inventory of durable equipment of the responsible body or authority and that it is treated as capital expenditure in accordance with standard accounting conventions. This provision refers inter alia to laboratory and surveying equipment, computer hardware and software related to the operation of the investment, surveying equipment and vehicles with dedicated purposes.
Durable equipment. 3. Subcontracting . . . . . . 4. Travel and subsistence . . . . . . . . . 5. Consumables . . . . . . . . . 6. Computing . . . . . . 7.
Durable equipment. Only equipment purchased for the purposes of carrying out the action can be charged as direct costs. To be considered as eligible, a cost must be determined according to your institution's usual accounting practice and its usual depreciation system for durable equipment. Depreciation is charged in each relevant periodic report. Depreciated costs of equipment can never exceed the purchase price of the equipment.
