Capital Equipment Categories: Award Management Proposals Regulatory Compliance Updated: July 24, 2025 Created: March 12, 2021 Jump to: On this page Introduction Stanford defines an asset as capital equipment if it meets all the following three criteria unless otherwise specified by the sponsor terms and conditions. 1. Cost is $5,000 or greater 2. Useful life of more than one year, and 3. Individual, stand-alone, moveable, tangible item Responsibilities of Key Participants Key participants in the management of equipment are the PI, the Research Administrator, the Department Property …
July 24, 2025