Reasonable Costs Sample Clauses

Reasonable Costs. A cost is reasonable if, in its nature and 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 cost. In determining reasonableness of a given cost, consideration shall be given to: a. whether the cost is of a type generally recognized as ordinary and necessary for the operation of the performance of the grant; b. the restraints or requirements imposed by such factors as: sound business practices; arm’s length bargaining; federal, state, tribal, and other laws and regulations; and terms and conditions of the grant award; c. market prices for comparable goods or services; and x. whether the Grantee acted with xxxxxxxx in the circumstances considering the Grantee’s responsibilities to the Department and the public at large.

Reasonable Costs. Eligible Costs, as identified in Schedule 2 – Statement of Work, include only those costs that are reasonable. A cost is reasonable if, in nature and amount, it does not exceed what would be incurred by an ordinary, prudent person in the conduct of competitive business. In determining the reasonableness of a particular cost, consideration must be given to: (a) whether the cost is at fair market value; (b) the restraints and requirements of factors such as generally accepted sound business practices, arm’s-length bargaining, federal, provincial and local laws and regulations, and agreement terms; (c) the action that prudent business persons would take in the circumstances, considering their responsibilities to the owners of the business, their employees, customers, stakeholders, the Government and the public at large; (d) significant deviations from the established practices of the Recipient that may unjustifiably increase Eligible Costs; and (e) the specifications, delivery schedule and quality requirements of the particular Project that may affect costs.

Reasonable Costs. The City will reimburse for reasonable costs and out-of- pocket expenses including computer research (only if not available through City Attorney’s office), long distance telephone charges, overnight or express mail service, photocopying travel at the rate set forth in the City’s travel policy, facsimile, when such services are itemized and reflected on the invoice.

Reasonable Costs. Reasonableness of costs depends upon a variety of considerations and circumstances, including:

Reasonable Costs. The Grantee shall control unit costs for products and services procured as a result of this Agreement, to the state average experience.

Reasonable Costs. Canadian Merchant Service Guild West Broadway Vancouver, Attention: Xxx Xxxx Dear Sir:

Reasonable Costs. In the event of any controversy concerning or related to this Agreement or the performance of this agreement, the prevailing party shall be entitled to recover its reasonable expenses (including reasonable attorneys' fees) incurred in resolving such controversy, in addition to any other relief that may be available.

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 cost. Consideration will be given to:

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 cost. Consideration will be given to: (a) Whether the cost is of a type generally recognized as ordinary and necessary for the performance of the grant. (b) The restraints or requirements imposed by such factors as generally accepted sound business practices, arms-length bargaining, federal and state laws and regulations, and the terms and conditions of this Agreement. (c) Whether the individuals concerned acted with prudence in the circumstances, considering their responsibilities to the organization, its members, employees, clients, and the public at large. (d) Significant deviations from the established practices of the organization which may unjustifiably increase the grant costs. CARE reserves the right to seek repayment of grant funds expended on unreasonable costs.

Reasonable Costs agrees to pay the Lender’s reasonable costs, including legal costs on a solicitor-client basis, associated with the discharge or amendment of any financing statement registered by the Lender, whether or not the change was initiated by the Obligor.