Reasonable Costs definition

Reasonable Costs means the reasonable actual costs and expenses incurred by us in carrying out any further Audit under this Contract, including, but not limited to, reasonable travel and subsistence costs;
Reasonable Costs means costs or a range of costs commensurate with the level of corrective action necessary to assess or remediate (or both) the petroleum storage tank system release, based on an evaluation of typical costs expected for the particular corrective action under review, with respect to the necessary or required scope and complexity of the action.
Reasonable Costs means appropriate and fair expenses which are not excessive or extreme in matters of pricing.

Examples of Reasonable Costs in a sentence

  • Reasonable costs incurred directly and/or indirectly by the City for the administration of the City's Tax Increment Financing Program.

  • Reasonable costs for copies of non-routine Contract related records shall not exceed the rates for public records under 950 C.M.R. 32.00.


More Definitions of Reasonable Costs

Reasonable Costs means the level of costs which will be recognized for reimbursement purposes.
Reasonable Costs means actual and demonstrable costs that are commensurate with and do not exceed the market rate for services necessary to remedy a condition of neglect, plus the actual and demonstrable costs of administering a contract for services to remedy a condition of neglect or the portion of the costs of a program to remedy conditions of neglect that are attributable to remedying a condition of neglect for specific property.
Reasonable Costs. Some question has arisen as to the meaning of the term "reasonable costs" as it appears in ARTICLE of the Agreement. I explained during negotiations that "reasonablecosts incurred in moving and relocatingfamily and belongings" would vary according to the circumstances. It is our expectation that in the event an Officer is requested to transfer, he would secure quotations from at least two moving firms and submit them to his company. Other things being equal, the lowest of the bids would establish the cost to be incurred, it being understoodthat the company reserves the right to make arrangements to move the Officer's belongings by other insured means, and not pay the cost of moving items if they are plainly beyond the scope of normal household possessions, e.g. grand piano, livestock, etc. APPENDIX "E"
Reasonable Costs means direct and indirect expenses
Reasonable Costs means amounts that do 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 cost. A prudent person normally considers the following:37.1. Whether the cost is of a type generally recognized as ordinary and necessary for the operation of the performance of the Agreement.37.2. The restraints or requirements imposed by such factors as: sound business practices; arm's length bargaining; Federal, State and other laws and regulations; and, terms and conditions of the Federal award.37.3. Market prices for comparable goods or services.37.4. Whether the individuals concerned acted with prudence in the circumstances considering their responsibilities to the entity, the public at large, and the provider of the funds.
Reasonable Costs means amounts that do 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 cost. A prudent person normally considers the following:
Reasonable Costs means actual costs or, if actual costs