Maine Department of Transportation
Specification Details, EquipmentWatch 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
*EquipmentWatch does not provide operator wage data.
% 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?
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
Ownership Rate