NAC 354.8664

“Reasonable cost” defined.

Year: 2026Length: 39 wordsOfficial source

Cite as Nev. Admin. Code Sec. 354.8664

“Reasonable cost” means a cost which, in its nature and amount, does not exceed the cost that would be incurred by a prudent person under the circumstances prevailing at the time the decision was made to incur the cost.
NAC 354.8664: “Reasonable cost” defined. | Justis AI