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
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?
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
Ownership Rate
