Equipment must be itemized and justified. In addition, the P.I. must determine that the equipment requested is not already available within the University. The cost of equipment generally includes needed accessories, installation, delivery costs, and maintenance. In some cases, the sponsor may provide the equipment directly rather than provide acquisition funds, or short-term rental may be preferred. The equipment becomes the responsibility of the University and cannot be sold, traded or held by the P.I. A Federal government report on capitalized non-expendable equipment is submitted to most agencies on an annual basis. P.I.s are required to maintain this listing and to provide copies to University officials as requested.