46 CFR 404.107 – Ratemaking step 7: Calculate initial base rates
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(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]