46 CFR 404.107 - Ratemaking step 7: Calculate initial base rates.

Regulations last checked for updates: Nov 22, 2024

Title 46 - Shipping last revised: Nov 04, 2024

View all text of Part 404 [§ 404.1 - § 404.110]

§ 404.107 - Ratemaking step 7: Calculate initial base rates.

(a) The Director calculates initial base hourly rates by dividing the projected needed revenue from § 404.106 by averages of past hours worked in each district's designated and undesignated waters, using available and reliable data for a multi-year period set in accordance with § 401.220(a) of this chapter.

(b) [Reserved]

[USCG-2017-0903, 83 FR 26193, June 5, 2018]

authority: 46 U.S.C. 2103,2104,9303,9304; DHS Delegation 00170.1, Revision No. 01.2, paragraphs (II)(92)(a), (f)

source: USCG-2015-0497, 81 FR 11941, Mar. 7, 2016, unless otherwise noted.

cite as: 46 CFR 404.107