46 CFR § 404.107
Ratemaking step 7: Calculate initial base rates
April 15, 2021

(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]

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