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§1942.115. Reasonable project costs.

7 C.F.R. § 1942.115

Applicants are responsible for determining that prices paid for property rights, construction, equipment, and other project development are reasonable and fair. RD may require an appraisal by an independent appraiser or Agency employee.
Notes, amendments, and revision history

Source

Source: 52 FR 43726, Nov. 16, 1987, unless otherwise noted.

Authority

Authority: 5 U.S.C. 301; 7 U.S.C. 1989.