The timing for review is an internal management decision, so long as it is
reasonable. Annual is generally well received -- often scheduled to change
the same date as other rates. A new activity might want review after 6
months, to see that assumptions made about the first year's activities are
on target.
Chuck
At 11:11 AM 3/31/2003 -0500, you wrote:
>Hello from Snowy Binghamton NY!
>
>Can anyone point me to where it specifically states how often recharge
>facilities rates are to be reviewed?
>
>We see in Specialized Service Facilities paragraph C. Accordingly, it is
>not necessary that the rates charged for services be equal to the cost of
>providing those services during any one fiscal year as long as rates are
>reviewed periodically for consistency with the long-term plan and adjusted
>if necessary.
>
>We see many educational institutions review annually and every other year.
>We are wondering where this principle comes from.
>
>Thanks!
>
>(Joe) Joseph W. Walker, Sr.
>Purchasing and Technical Services
>Research Foundation of SUNY
>Binghamton University
>POB 6000
>Binghamton, NY 13902-6000
>
>office (607) 777-6752
>fax (607) 777-4354
>internet: <http://research.binghamton.edu/>http://research.binghamton.edu
>
>have a great day :)
>
>
>
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