N.Y. Comp. Codes R. & Regs. tit. 10 § 791.1

Current through Register Vol. 46, No. 50, December 11, 2024

Section 791.1 - Definitions

(a) For purposes of this Part, construction shall mean a change in a hospice's geographic service area, the erection, building or substantial acquisition or alteration of a hospice inpatient facility or unit, hospice residence or equipment, or a substantial change in the method of providing hospice inpatient or hospice residence services.

(b) For purposes of this Part, total project cost shall mean total costs for construction contracts, if any, including, but not limited to costs for demolition work, site preparation, actual construction and contingencies, total costs for real property, for fixed and movable equipment, architectural and/or engineering fees, construction loan interest costs, and other financing, professional and ancillary fees, charges and allowances. Such costs shall include the cost of all capital items associated with an acquisition, lease arrangement and/or construction. If any acquisition is to be effectuated through a leasing arrangement or by a donation, the relevant cost shall be the cost of the asset if purchased.

N.Y. Comp. Codes R. & Regs. Tit. 10 § 791.1