Utah Admin. Code R27-4-8 - Cost Recovery
(1) State vehicles
shall be assessed rates designed to recover vehicle costs; a division
administrative fee; MIS fee; and where applicable, the variable costs
associated with each vehicle.
(2)
The division shall calculate the vehicle payback and associated rates according
to the vehicle's cost, the vehicle's expected service period, and any agreement
made with the agency.
(3) If a
vehicle is turned in for replacement earlier than expected under the applicable
replacement cycle:
(a) the division may
require the agency to pay the remaining balance of the vehicle; and
(b) a rate containing a shorter replacement
cycle period may be implemented for the replacement vehicle.
(4) The division shall begin the
monthly billing process when the agency receives notice in writing that the
vehicle is ready for service.
Notes
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