Maine Department of Transportation

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

Cost Recovery Rate

Regional Adjustment Required?

Maine

Model Year Adjustment Required?

Yes

Rate Used for Reimbursement:

FHWA

((Monthly Ownership x Regional Adjustment, Maine x Model Year Adjustment) / 176) + (Operator Payroll Rate* x 90%) + Hourly Operating

*MagikMe Equipment does not provide operator wage data.

% Used:
Ownership Rate

100
Details

% Used:
Operating Rate

100
Details

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?

Maine

Model Year Adjustment Required?

Yes

Standby Use Formula:

((Monthly Ownership x Regional Adjustment, Maine x Model Year Adjustment)/176) x 0.70

% Used:
Ownership Rate

70

DOT Specifications: Official Documentation

Download Documentation

Official Access Supported by the DOT

Equipment Manager Plan
Estimator Plan

Training: How to Submit a Cost Recovery Request

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

Download Training
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