stanweld: that's news to us, and to all the firms we hire to do PMI. Everybody around here will only do carbon contents by chemical analysis. The handheld units they use are XRFs, and incapable of quantifying carbon to the required levels. PMI for carbon around here means removing metal from fittings: fine if it's big stuff, and a little risky if it's small pipe.
We find that there is zero premium regionally for using dual grade material (304/304L or 316/316L dual certified). That's all we use, unless we need H grade material in which case we specify and segregate it.
And there's a lot more to working with L grade material than merely buying L grade material in the first place. Keeping carbon out of the HAZ of piping during welding is critical, which means good cleanliness and materials control during welding and fitting, no grease pencils, being careful with tape used to cover openings for purging etc.