D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 27. CONTRACTS AND PROCUREMENT |
Chapter 27-33. CONTRACT COST PRINCIPLES |
Section 27-3333. INTEREST AND OTHER FINANCIAL COSTS
Latest version.
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3333.1Interest on borrowings (however represented), bond discounts, costs of financing and refinancing capital (net worth plus long-term liabilities), legal and professional fees paid in connection with preparing prospectuses, costs of preparing and issuing stock rights, and directly associated costs shall not be allowable, except for interest assessed by state or local taxing authorities in accordance with §3335.
source
Final Rulemaking published at 35 DCR 1668 (February 26, 1988).