Reasonable and necessary costs definition

Reasonable and necessary costs means expenditures that, in nature and amount, do not exceed what an ordinarily prudent person would incur in the conduct of a competitive business. 5 CCR 18013 (s)
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Reasonable and necessary costs means those costs incurred by the department as a result of
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Examples of Reasonable and necessary costs in a sentence

  • Reasonable and necessary costs shall be limited to those set out in the Monitor Contract, but in no event shall they exceed Two Million Dollars ($2,000,000) per calendar year.

  • Reasonable and necessary costs, as determined by the Employer, will be reimbursed in relation to a child protection practitioner’s clothing becoming damaged or soiled as a direct consequence of engaging in authorised duties.

  • Reasonable and necessary costs of travel, tuition or registration, food, and lodging incurred in connection with attending such authorized activities shall be paid for by Bank.

  • Reasonable and necessary costs are those that relate to dry cleaning, repair or replacement of fit-for-work clothing.

  • Reasonable and necessary costs incurred outside the Insured Person’s Country of Domicile for immediate medical, surgical or other remedial attention or treatment given or prescribed by a Qualified Medical Practitioner, Hospital, nursing home, ambulance charges, dental and optical expenses incurred in an emergency or as a result of Bodily Injury, suicide or attempted suicide.

  • Reasonable and necessary costs of up gradation of travel booking to a superior class in the same form of Common Carrier subject to same category of travel booking not being available and same has been confirmed by the travel service provider.

  • Reasonable and necessary costs incurred in preparing to perform the terminated portion of the Contract.

  • Reasonable and necessary costs of up gradation of accommodation arrangements provided in cases where only partial services are provided by the concerned travel service provider subject to the same category of travel booking not being available and same has been confirmed by travel service provider.

  • Reasonable and necessary costs incurred in preparing to perform the terminated portion of the Statement of Work.

  • Reasonable and necessary costs include, but are not limited to, the engineering, preliminary design, legal and environmental studies and administrative costs associated with the Feasibility Study and Feasibility Study Report.