8007 - Cost of project.

     § 8007.  Cost of project.        The cost of a project includes the amount of all payments to     contractors or for the acquisition of a project or for lands,     easements, rights and other appurtenances deemed necessary for     the project, fees of architects, engineers, appraisers,     consultants, financial advisors and attorneys incurred in     connection with the project financing costs, costs of necessary     printing and advertising, costs of preliminary feasibility     studies and tests, cost estimates and interest on money borrowed     to finance the project, if capitalized, to the date of     completion of construction and, if deemed necessary, for one     year thereafter, amounts to be placed in reserve funds, if any,     a reasonable initial working capital for operating the project     and a proper allowance for contingencies and any amount which     constitutes, under generally accepted accounting principles, a     cost of, and which has been determined by an independent actuary     or other expert to be required for the purposes of, a reserve or     a contribution toward a combined reserve, pool or other     arrangement for losses or liabilities covered by a self-     insurance arrangement established by one or more local     government units.        Cross References.  Section 8007 is referred to in sections     5602, 8002 of this title.