fabricated equipment government definition
Fabricated Equipment is an item of capital equipment that has been constructed specifically. for a UMass project , as opposed to being purchased âoff the shelfâ from a vendor or. commercial supplier. Fabricated Equipment must satisfy the Federal definition of equipment, meaning it must have a total cost of $5,000 or more, must be non- expendable and must have. a useful life of one year or more. Fabricated Equipment costs cannot exceed the cost of.