Alabama Department of Transportation
Specification Details, MagikMe Equipment Cost Recovery (Rental Rate Blue Book)
Cost Recovery Rate
Regional Adjustment Required?
Alabama
Model Year Adjustment Required?
Yes
Rate Used for Reimbursement:
FHWA
(Regional Adjustment, Alabama) x ((Monthly Ownership x Model Year Adjustment) / 176 x 1.00) + (Hourly Operating x 1.00)
% Used:
Ownership Rate
Ownership Rate
% Used:
Operating Rate
Operating Rate
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?
Alabama
Model Year Adjustment Required?
Yes
Standby Use Formula:
((Monthly Ownership x Regional Adjustment, Alabama x Model Year Adjustment)/176 x 1.00) x 0.50
% Used:
Ownership Rate
Ownership Rate
