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  3. What is considered supplies and materials?

What is considered supplies and materials?

Supplies and Materials include the payments for supplies, materials, and commodities consumable within a time period of one year of less, consumed by physical units, or whose use results in a significant impairment of their physical condition or appearance.

It includes all articles or substances in a natural, pre‐ fabricated, or manufactured state used for current operating purposes, processed in construction or manufacturing operations, or constituting an integral part of finished output. Quantity per item <$5,000.00.

Updated on September 30, 2021

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