Regulations last checked for updates: May 02, 2025

Title 46 - Shipping last revised: Mar 17, 2025
§ 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]
source: USCG-2015-0497, 81 FR 11941, Mar. 7, 2016, unless otherwise noted.
cite as: 46 CFR 404.107