Code of Federal Regulations · Section
§ 1942.115 — Reasonable Project Costs
7 C.F.R. § 1942.115
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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.
Authorizing Statute
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Rules and regulations7 U.S.C. § 1989
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Departmental regulations5 U.S.C. § 301