Reasonable cost definition
Reasonable cost means a cost for a service or item that is con- sistent with the market standards for comparable services or items.
Reasonable cost means the actual cost of parts and labor which is necessary to cause the failed motor vehicle to comply with applicable emissions standards or which contributes towards compliance. It shall not include the cost of those repairs determined by the Division to be necessary due to the alteration or removal of any part of the emission control system of the motor vehicle, or due to any damage resulting from the use of improper fuel in the failed motor vehicle.
Reasonable cost means a cost that is, in nature and amount, not in excess of what would be incurred by an ordinary prudent person in the conduct of a business. In determining the reasonableness of a particular cost, consideration will be given to:
Examples of Reasonable cost in a sentence
Reasonable cost may not exceed the applicable percentage completion values derived from the progress schedule and the schedule of values.
Reasonable cost will include reasonable allowance for Project overhead and general administrative overhead.
Reasonable cost shall be calculated in accordance with the Michigan Freedom of Information Act.
Reasonable cost being: labor cost to be determined by a flat rate labor manual (i.e. ▇▇▇▇▇▇▇) multiplied by the customary labor charge for the repair/replacement of a protected part.
Reasonable cost to Consultant of handling material returned to vendors, delivered to City or otherwise disposed of as directed by City.
More Definitions of Reasonable cost
Reasonable cost means the cost that must be incurred by an efficiently and economically operated facility to provide services in conformity with applicable state and federal laws, regulations, and quality and safety standards.
Reasonable cost means the cost of a prescription drug as
Reasonable cost means the cost of a dental insurance premium that
Reasonable cost means that such technology does not cost greater than thirty percent more than other technology applicable to the particular engine and application that falls within the same classification level for diesel emission control strategies, as set forth in subdivision (e) of new § 24-163.7, when considering the cost of the strategies, themselves, and the cost of installation.
Reasonable cost means that monetary amount or range, as determined by the Department, which is commensurate with a response action, where the Department's determination is based on an evaluation of typical costs expected for the particular response action under review, with respect to the activities' scope and complexity.
Reasonable cost means that the cost of private health insurance to the person required to provide health insurance coverage for the children who are the subject of the child support order does not exceed an amount equal to five per cent of the annual income of that person. For purposes of this division, the cost of health insurance is an amount equal to the difference in cost between self-only and family coverage.
Reasonable cost means and/or refers to charges to Repair or replace Covered Parts including labor at prevailing labor rates at an Authorized Repair Facility and according to the Current Industry Labor Guide using new, OEM, rebuilt, remanufactured, and/or parts of like kind and quality, which may include serviceable used parts.