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Effective July 1, 2013 (FY 2014), the Institute will raise its capitalization threshold from $3,000 to $5,000 per item on purchased and fabricated equipment. This change will apply to sponsored awards that result from new, renewal, and competing continuation proposals submitted on or after Feb. 1, 2013. Existing awards and awards from proposals submitted prior to Feb. 1, 2013, will continue with the lower $3,000 threshold until they are completed or modified as a result of a renewal or competing continuation proposal.

Learn more about this change on the OSP website.