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FP6 Financial Info & FAQs --> Project --> Costs --> Eligible Costs --> Equipment --> Equipment FAQs

Q:

Concerning durable equipment, how is the accounting mechanism of the purchase of this asset? Can the total cost of equipment can be considered as eligible cost or just the depreciation of it?

A:

The Commission official response as per their document “Frequently Asked Questions On Project Management In Fp6” - March 2005, is:

 

“…Equipment used on the project should be accounted for in accordance with the normal depreciation rules of the contractor…”



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