Difference between revisions of "Determining Reasonableness"
From Knowledge base
| Line 11: | Line 11: | ||
<References/> | <References/> | ||
| − | [[Category:FAR 31 - Cost Principles]] | + | [[Category:FAR 31 - Contract Cost Principles and Procedures]] |
Revision as of 11:24, 26 September 2013
Determining Reasonableness
What a prudent person would incur in the conduct of competitive business[1]
Considerations
- Generally recognized as ordinary
- Generally recognized as necessary
- Sound Business Practice
- What would have been incurred in an Arm's-Length Transaction[2]
