46 C.F.R. Part 404 – Great Lakes Pilotage Ratemaking | Midpage

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Code of Federal Regulations

Part 404

46 C.F.R. Part 404

Great Lakes Pilotage Ratemaking

404.1General ratemaking provisions.404.2Procedure and criteria for recognizing association expenses.404.3-404.99[Reserved]404.100Ratemaking and annual reviews in general.404.101Ratemaking step 1: Recognize previous operating expenses.404.102Ratemaking step 2: Project operating expenses, adjusting for inflation or deflation.404.103Ratemaking step 3: Estimate number of registered pilots and apprentice pilots.404.104Ratemaking step 4: Determine target pilot compensation benchmark and apprentice pilot wage benchmark.404.105Ratemaking step 5: Project needed revenue.404.106Ratemaking step 6: Calculate initial base rates.404.107Ratemaking step 7: Calculate average weighting factors by area.404.108Ratemaking step 8: Calculate revised base rates.404.109Ratemaking step 9: Review and finalize rates.