StacksVerified U.S. regulatory reference

2 CFR §1108.170

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Equipment means tangible personal property (including information technology systems) having a useful life of more than one year and a per-unit acquisition cost which equals or exceeds the lesser of:
  1. (a)$5,000; or
  2. (b)The recipient's or subrecipient's capitalization threshold for financial statement purposes.