Personal tools

Major Item of Equipment (MIE)


Capital equipment or automated information system components with a total estimated purchase value of $2,000,000 or more, including cost that are capitalized and not related to construction. NOTE: The determining factor for a major item of equipment is estimated purchase value regardless of whether the actual method of acquisition is purchase, lease, or a combination of the two. A leased item is considered a major item of equipment if the estimated purchase value is $2,000,000 or more even if the annual lease cost is less than $2,000,000. a. For new items, the purchase equivalent value is based on list, anticipated, or actual purchase price. b. For used items, items DOE reassigns, Government excess, or exchange/sale items, the purchase equivalent value is based on current best estimate market value.

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