Arizona Department of Transportation

Specification Details, MagikMe Equipment Cost Recovery (Rental Rate Blue Book)

Cost Recovery Rate

Regional Adjustment Required?

0.993

Model Year Adjustment Required?

No

Rate Used for Reimbursement:

FHWA

((Monthly Ownership x 0.993 x 1.00)/176 x 1.15) + (Hourly Operating x 1.00)

*1.15 Includes overhead and profit adjustment of 15%

% Used:
Ownership Rate

Gif of 115% rental rate with circle

% Used:
Operating Rate

Gif of 100% rental rate with circle

NOTE: All adjustments above are already stored in the system when you select the DOT from the drop down list.

Cost Recovery Rate: Standby Use

Regional Adjustment Required?

0.993

Model Year Adjustment Required?

No

Standby Use Formula:

((Monthly Ownership x 0.993 x 1.00)/176) x 0.50

% Used:
Ownership Rate

Gif of 50% rental rate with half circle

DOT Specifications: Official Documentation

Official Access Supported by the DOT

Estimator Plan

Training: How to Submit a Cost Recovery Request

Prefer an Offline Version? Download Training Materials (.pdf)

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