Section Odb 407.09 - Reimbursable Corrective Action Costs(a) Reimbursable corrective action costs shall be the usual and customary market rates or costs for labor, equipment, capital equipment startup, operation, maintenance and relocation pursuant to (d)(3) below, materials and supplies, goods, services or task, administration of subcontracted services, fuel and insurance cost surcharge, inventory holding time, procurement of materials and supplies, and markup.(b) The costs for the installation or use of capital equipment shall be reimbursable at the lease rate, or if purchased, at the vendor cost as established by the firm invoiced cost to the owner.(c) If the capital equipment is purchased, the fund shall retain all rights for any salvage value of the equipment.(d) When the project is at or near completion the board, in consultation with the owner regarding its intentions for the disposition of purchased capital equipment, shall:(1) Withhold from reimbursement an amount equal to the actual or calculated salvage value; (2) Require that the actual salvage value be repaid to the fund if the equipment is repossessed or sold; or(3) Allow the use of the equipment for corrective action at another of the owner's facilities or properties.N.H. Admin. Code § Odb 407.09
#8491, eff 11-22-05; ss by #9935-A, eff 9-1-11
Amended by Volume XL Number 2, Filed January 9, 2020, Proposed by #12941, Effective 12/15/2019, Expires 12/15/2029