§ 404.106 Ratemaking step 6: Calculate initial base rates.
The Director calculates initial base hourly rates by dividing the projected needed revenue from § 404.105 (step 5) 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.
[USCG-2025-0252, 91 FR 7148, Feb. 17, 2026]