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New Jersey Department of Transportation

Specification Details, EquipmentWatch Cost Recovery (Rental Rate Blue Book)

Cost Recovery Rate

Regional Adjustment Required?

1.00

Model Year Adjustment Required?

Yes

Rate Used for Reimbursement:

FHWA

((Monthly Ownership x 1.00 x Model Year Adjustment)/176 x 1.00) + (Hourly Operating x 1.00)

% Used:
Ownership Rate

% Used:
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?

None

Model Year Adjustment Required?

Yes

Standby Use Formula:

((Monthly Ownership x 1.00 x Model Year Adjustment)/176) x .50

% Used:
Ownership Rate

DOT Specifications: Official Documentation

Official Access Supported by the DOT

Training: How to Submit a Cost Recovery Request

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