(b) there is no common ownership or other financial interest between the contractor installing the replacement or upgrade and the ownership entity of the owner; and
(c) a bid process was conducted and supervised by a licensed architect or engineer.
(2) Landmarked buildings (buildings designated by the Landmark Commission):
Any eligible MCI work and the costs therefore were the result of any law, regulation, rule, or requirement under which the premises have been designated a landmark building.
(3) Capital improvement work performed while also under another governmental agency’s supervision:
DHCR will also accept the cost of contract where:
(i) the building is subject to both:
(a) the Rent Stabilization Law; and
(b) another housing program; and
(ii) the contract is approved by or awarded under the supervision of a state, city or local housing entity in conjunction with that affordable housing program; and
(iii) such supervision includes a process by which such supervising agency reviews the costs to assure they are reasonable.
(4) Emergency capital improvements. DHCR will also accept the cost of contract where capital improvements were performed to remedy an emergency condition and for which the owner paid more than the reasonable costs due to such emergency situation, but the costs are actual and verifiable.