7 CFR § 1942.115 - Reasonable project costs.

---
identifier: "/us/cfr/t7/s1942.115"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 1942.115 - Reasonable project costs."
title_number: 7
title_name: "Agriculture"
section_number: "1942.115"
section_name: "Reasonable project costs."
chapter_name: "RURAL HOUSING SERVICE, RURAL BUSINESS-COOPERATIVE SERVICE, AND RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE"
subchapter_number: "H"
subchapter_name: "PROGRAM REGULATIONS"
part_number: "1942"
part_name: "ASSOCIATIONS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 301; 7 U.S.C. 1989."
cfr_part: "1942"
---


# 1942.115 Reasonable project costs.

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.