Each EE lab has a few base needs, including some standard components ofcourse. The needed components depent on the projects you want to build.
The tools however are a basic need and should be the same in each lab. Not everybody needs the same quality, brand, frequentie range and go on.
I made a list based on my opinion what you realy need to have, what could be nice to have and the more pricey advanced equipment
Do you think something is missing in this list? Let me know. Contact info on the About page.