Title 46

SECTION 404.107

404.107 Ratemaking step 7: Calculate initial base rates.

§ 404.107 Ratemaking step 7: Calculate initial base rates.

(a) The Director calculates initial base hourly rates by dividing the projected needed revenue from § 404.106 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.

(b) [Reserved]

[USCG-2017-0903, 83 FR 26193, June 5, 2018]

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