Code of Federal Regulations · Section

§ 404.105 — Ratemaking Step 5: Project Needed Revenue

46 C.F.R. § 404.105

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The Director calculates each pilotage association's base projected needed revenue by adding the projected adjusted operating expenses from § 404.102 (step 2) and the total target pilot compensation from § 404.104 (step 4).

46 C.F.R. § 404.104 46 C.F.R. § 404.106

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