Equipment (EQ) definition
Equipment (EQ) means a tangible asset that is functionally complete for its intended purpose, durable, nonexpendable, needed for the performance of a contract, not intended for sale, and not to become a part of another article when put into use (e.g., machine tools, furniture, vehicles, and test equipment, including their accessory or auxiliary items). Does not include information t e c h n o l o g y items as defined below.