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 What? 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 cost eligibility conditions set out in Article 11.1. 1.4.4 The costs must correspond to the amount paid by the beneficiary and must not exceed the depreciation cost of the third party.

Equipment Costs. Costs of equipment, infrastructure or other assets contributed in-in- kind against payment 1.4.1 What? This budget category covers the costs of equipment, infrastructure or other assets that were used for the action and ‘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 cost eligibility conditions set out in Article 11.1. 1.4.4 The costs must correspond to the amount paid by the beneficiary and must not exceed the depreciation cost of the third party.