General purpose equipment refers to items that can be used for various functions, not limited to research, medical, scientific, or technical activities. This type of equipment may require modifications to suit specific tasks. Common examples include office furniture, air conditioning units, printing machines, vehicles, and computers.
This term is often encountered in legal contexts related to cooperative agreements, procurement, and federal regulations. General purpose equipment is relevant in contracts involving government agencies and commercial firms, where the equipment's versatility is a key consideration. Users can manage related forms and agreements through platforms like US Legal Forms.
Here are a couple of examples of abatement:
Here are a couple of examples of general purpose equipment:
| Term | Definition | Key Differences |
|---|---|---|
| Specialized Equipment | Equipment designed for specific tasks or functions. | General purpose equipment can serve multiple roles, while specialized equipment is limited to one function. |
| Capital Equipment | Long-term assets used in the production of goods or services. | General purpose equipment may not always be capitalized and can include lower-cost items. |
If you are involved in a project requiring general purpose equipment, consider the following steps:
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| Attribute | Details |
|---|---|
| Typical Uses | Office tasks, general operations, educational purposes |
| Modification Requirement | May require adjustments for specific functions |
| Examples | Computers, vehicles, office furniture |