§103D-601 - Cost principles rules required.

PART VI. 
COST PRINCIPLES

§103D-601  Cost principles rules required. 
The policy board shall adopt rules setting forth cost principles which shall be
used to determine the allowability of incurred costs for the purpose of
reimbursing costs under contract provisions which provide for the reimbursement
of costs, provided that if a written determination is approved at a level above
the procurement officer, such cost principles may be modified by contract. [L
Sp 1993, c 8, pt of §2; am L 1997, c 352, §23]