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Hello,

My employer has tasked me with building a suitable machine for conducting a password audit every quarter. So far I've together this list and I was looking for suggestions on what I could improve or change in the build. Our budget for this machine is $1500


PCPartPicker part list: http://pcpartpicker.com/p/zBL6bv
Price breakdown by merchant: http://pcpartpicker.com/p/zBL6bv/by_merchant/

CPU: Intel Xeon E3-1231 V3 3.4GHz Quad-Core Processor  ($242.99 @ SuperBiiz) 
CPU Cooler: Noctua NH-D14 65.0 CFM CPU Cooler  ($74.99 @ Mwave) 
Motherboard: Gigabyte GA-H97-D3H ATX LGA1150 Motherboard  ($87.99 @ Amazon) 
Memory: G.Skill Ripjaws X Series 16GB (2 x 8GB) DDR3-1600 Memory  ($95.89 @ OutletPC) 
Storage: Samsung 850 EVO-Series 500GB 2.5" Solid State Drive  ($164.00 @ Amazon) 
Case: Corsair 450D ATX Mid Tower Case  ($104.99 @ NCIX US) 
Power Supply: SeaSonic X Series 1050W 80+ Gold Certified Fully-Modular ATX Power Supply  ($166.98 @ Newegg) 
Total: $937.83
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2015-07-16 15:03 EDT-0400

We are planning to use two R9 290x which are not in the list referenced above.
Using a consumer range CPU should save you some money on the CPU. Your budget is quite low anyway.

Also you should go with two GTX 970/980 (depending on your bugdet). Don't buy AMD.
Yeah Really I Agree ..You should go with Gtx 970 Till Date Best on Calculating your Budget Sir