a budget category that includes miscellaneous expendable materials and supplies, such as paper, computer diskettes, etc., costing less than $5,000 on federal grants. Note that computer software is considered contractual services, not commodities.
Items of expenditure (in the Operating Budget) which, after use, are consumed or show a material change in their physical condition, and which are generally of limited value and are characterized by rapid depreciation. Office supplies and motor fuel are examples of commodities.
Articles of a consumable nature which show a material change or significant depreciation with first usage, as well as repair parts and equipment (excluding books other than consumable workbooks and books given to outside parties) having a unit value less than $100.