...circumstances, considering his responsibilities to the owners of the business, his employees, his customer*, the Government and the public at large; and (iv) significant deviations from the established practices of the reporting entity. Amplification of the criteria for "necessary and reasonable" is given in the Internal...

...and regulations, and contract terms and specifications: (iii) the action that a prudent business man would take in the circumstances, considering his responsibilities...which may unjustifiably increase the contract costs. 15-205.35 (h) ,The reasonableness of expenditures for independent research and development should he...

...and regulations, and contract terms and specifications: (iii) the action that a prudent business man would take in the circumstances, considering his responsibilities...which may unjustifiably increase the contract costs. 15-&05.S5 (h) The reasonableness of expenditures for independent research and development should be...

...length bargaining, and contract terms and specifications; (ill) the action that a prudent business man would take In the circumstances, considering his responsibilities...which may unjustifiably increase the contract costs. As a practical matter, the concept of reasonableness is not needed to control many types of expenditures...

...owners of the business, his employees, his customers, the Government and the public at large; and Civ) significant deviations from the established practices...which may unjustifiably increase the contract costs. (hi The reasonableness of expenditures for independent research and development should be determined...

...would take in the circumstances, considering his responsibilities TO the owners of the business, bis employees^ his customers, the Government and the public...deviations from the established practices -of the reporting entity. Amplification of the criteria for "necessary and reasonable" is given In the Internal...

...recognized as ordinary and necessary for the conduct of the contractor's business or the performance of the contract : (iii) the action that a prudent businessman...relationship to services rendered. For example, ASPR l-505.4:(a) states in part : The fees charged should not be Inequitable and exorbitant in relation...

...arm's length bargaining, Federal and State laws and regulations, and contract terms and specifications; (iii) the action that a prudent businessman would...which may unjustifiably increase the contract costs." The allowance of the remainder of these costs is sought for the improvement of employee morale, to...

...owners of the business, his employees, his customers, the Government, and the public at large ; and (d) Significant deviations from the established practices...which may unjustifiably increase the contract costs. § 1-15.201-4 Definition of allocability. A cost is allocable if it is assignable or chargeable to...

...arm's- length bargaining, Federal and State laws and regulations, and contract terns and specifications; (iii) the action that a prudent businessman would...contractor which may unjustifiably increase the contract ccsts. 15. 201-1 Definition of Allocability. A cost is allocable if it is assignable or chargeable...