Difference between revisions of "Actual Cash Value"

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(Created page with "== Definition == “Actual cash value” means the cost of replacing damaged property with other property of like kind and quality in the physical condition of the property im...")
 
 
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== Related Pages ==
 
== Related Pages ==
 
[[FAR 31 - Cost Principles]]
 
[[FAR 31 - Cost Principles]]
 
[[Category: FAR 31 - Cost Principle Definitions]]
 
  
 
[[Category: Definitions]]
 
[[Category: Definitions]]

Latest revision as of 12:09, 26 September 2013

Definition

“Actual cash value” means the cost of replacing damaged property with other property of like kind and quality in the physical condition of the property immediately before the damage.


Related Pages

FAR 31 - Cost Principles