Common use of Equipment Costs Clause in Contracts

Equipment Costs. Full cost of purchasing equipment, infrastructure or other assets This budget category covers the full purchase costs of capitalised equipment, infrastructure or other assets used for the action (not only the depreciation costs for the relevant periodic report). ‘Capitalised’ means recorded as assets in the beneficiary’s balance sheet.

Equipment Costs. Full cost of purchasing equipment, infrastructure or other assets This budget category covers the full purchase costs of capitalised equipment, infrastructure or other assets used for the action (not only the depreciation costs for the relevant periodic report). ‘Capitalised’ means recorded as assets in the beneficiary’s balance sheet. You may use this option only if it is foreseen in your GA.