Detailed Budget Worksheet & Cost Review Form - Indian General Assistance Program Page 4
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7- Identify each item to be purchased which has an estimated acquisition cost (including shipping) of
EQUIPMENT
$5,000 or more per unit and a useful life of more than one year. Items with a unit cost of less than $5,000 are
deemed to be supplies, pursuant to 40 CFR 31.3. Please provide a detailed justification and identify the appropriate
work plan component and/or commitment number, and explain how you arrived at your estimates. If applicable,
indicate why it is more cost effective to purchase rather than lease. This amount will be entered on Standard
Form 424A, Section B, Line 6.d.
Item Description
Component #
Cost Per Item
How Many?
Amount
Equipment Justification/Cost
Estimates (e.g., vendor quotes,
catalog searches, etc.):
EQUIPMENT TOTAL:
- “Supplies” means all tangible personal property, other than “equipment”. The detailed budget should
SUPPLIES
identify categories of supplies to be procured (e.g., laboratory supplies or office supplies), and their cost. If
requesting items previously purchased, explain why they are being purchased again. Explain how you arrived at
your estimates. This amount will be entered on Standard Form 424A, Section B, Line 6.e.
Cost Per Item or
How Many Items or
Item Description
Component #
Amount
Month
Months?
Explanation of cost estimates
and previous purchases (e.g.,
based on previous year's
expenses, vendor quotes,
catalog searches, etc.):
SUPPLIES TOTAL:
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