Base period.

Base period. For carriers subject to 61.41 through 61.49, the 12-month period ending six months prior to the effective date of annual price cap tariffs. Base year or base period earnings shall exclude amounts associated with exogenous adjustments to the PCI for the lower formula adjustment mechanism permitted by 61.45(d)(1)(vii).


47 CFR § 61.3

Scoping language

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