33 CFR §136.235
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The amount of compensation allowable is limited to the actual net reduction or loss of earnings or profits suffered. Calculations for net reductions or losses must clearly reflect adjustments for—
- (a)All income resulting from the incident;
- (b)All income from alternative employment or business undertaken;
- (c)Potential income from alternative employment or business not undertaken, but reasonably available;
- (d)Any saved overhead or normal expenses not incurred as a result of the incident; and
- (e)State, local, and Federal taxes.