 | Administrative law - 1972 - 684 pages
...Included in the contract as to types or amounts of cost items. § 1-15.201-3 Definition of reasonableness. A cost is reasonable if, in its nature or amount,...particular care in connection with firms or separate division» thereof which may not be subject to effective competitive restraints. What Is §1-15.203... | |
 | Administrative law - 1982 - 1508 pages
...included in the grant/contract as to types or amounts of cost items. 3. Definition of reasonableness. A cost is reasonable if, in its nature or amount,...scrutinized with particular care in connection with institutions or separate divisions thereof which may not be subject to effective competitive restraints.... | |
 | Administrative law - 1977 - 1254 pages
...included in the grant/contract as to types or amounts of cost items. 3. Definition of reasonableness.—A cost is reasonable if. In its nature or amount, it...scrutinized with particular care in connection with institutions or separate divisions thereof which may not be subject to effective competitive restraints.... | |
 | Administrative law - 1980 - 976 pages
...resulted from the use of practices consistent with this Subpart 2. 15.201-3 Definition of Reasonableness. A cost is reasonable if, in its nature or amount,...The question of the reasonableness of specific costs trust be scrutinized with particular care in connection with firms or separate divisions thereof which... | |
 | Administrative law - 1976 - 1188 pages
...Items. 3. Definition of reasonableness. — A cost la reasonable If, In its nature or amount, It doea not exceed that which would be Incurred by an ordinarily...scrutinized with particular care in connection with Institutions or separate divisions thereof which may not be subject to effective competitive restraints.... | |
 | Administrative law - 1974 - 894 pages
...grant/ contract as to types or amounts of cost Itema. 3. Definition of reasonableness. — A cost la reasonable If, In its nature or amount, it does not...the conduct of competitive business. The question of too reasonableness of specific costs must be scrutinized with particular care In connection with Institutions... | |
 | Administrative law - 1972 - 552 pages
...increases that are necessary and reasonable, and not disallowed by Price Commission regulations or rulings. A cost is reasonable if, in its nature or amount,...does not exceed that which would be incurred by an ordinary prudent person in the conduct of competitive business. What is reasonable depends upon a variety... | |
 | Administrative law - 1995 - 966 pages
...hours to the documentation as filed in the recipient's normal business records. ib) Reasonable costs. A cost is reasonable if, in its nature or amount, it does not exceed that which would be incurred by a prudent person under the circumstances prevailing at the time the decision was made to incur the... | |
 | Administrative law - 1998 - 860 pages
...auditors or other audit organizations authorized to conduct audits of recipients. (b) Reasonable costs. A cost Is reasonable if, in its nature or amount, it does not exceed that which would be incurred by a prudent person under the same or similar circumstances prevailing at the time the decision was made... | |
 | Administrative law - 1994 - 768 pages
...hours to the documentation as filed in the recipient's normal business records. (b) Reasonable costs. A cost is reasonable if, in its nature or amount, it does not exceed that which would be Incurred by a prudent person under the circumstances prevailing at the time the decision was made to incur the... | |
| |
A cost is reasonable if, in its nature or amount, it does not exceed that which would be incurred by an ordinarily prudent person in the conduct of competitive business. 
