Secs. 28-59--28-61. Reserved.

ARTICLE VII. COST PRINCIPLES*

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*   Editors Note: See editor's note at Art. I.

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Sec. 28-62. Cost principles.

The director shall adopt rules setting forth cost principles which shall be used to determine the allowability of incurred costs for the purpose of reimbursing costs under contract provisions which provide for the reimbursement of costs.

(Ord. No. 10404, § 1, 5-15-07; Ord. No. 11296, § 1, 8-5-15)

Sec. 28-63. Cost or pricing data.

The submission of current cost or pricing data may be required in connection with any award, change order or contract modification.

(Ord. No. 10404, § 1, 5-15-07)

Secs. 28-64, 28-65. Reserved.

ARTICLE VIII. MATERIALS MANAGEMENT*

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*   Editors Note: See editor's note at Art. I.

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Sec. 28-66. Definitions.

In this article, unless the context otherwise requires:

   Sec. 28-66(1). "Property" means assets with a useful life of more than one (1) year.

   Sec. 28-66(2). "Property transfer" means the transfer of fixed assets between using agencies or transfer of property to or from the surplus property program.

   Sec. 28-66(3). "Surplus property" means property no longer needed by using agencies for their operations, property in poor or non-working condition, or property that is a by-product (e.g. scrap metal, used tires and oil, etc.).

   Sec. 28-66(4). "Unclaimed, lost and confiscated property" means all property used as evidence in the courts and remaining unclaimed after final disposition, property seized by a peace officer as being used unlawfully, and all property coming into the hands of any city officer or employee as lost or unclaimed.

(Ord. No. 10404, § 1, 5-15-07)