Common use of Equipment Costs Clause in Contracts

Equipment Costs. Costs of equipment, infrastructure or other assets contributed in-kind against payment 1.4.1 This budget category covers the costs of equipment, infrastructure or other assets contributed in-kind against payment. 1.4.2 Equipment costs must be declared as actual costs (see Article 5.2(d)). 1.4.3 The costs must comply with the following conditions for eligibility: 6.1 (a)) • not exceed the depreciation costs of similar equipment, infrastructure or assets • not include any financing fees • fulfil the additional eligibility conditions set out in Article 11.1.