(a) A rate of payment based on a cost statement is computed using the following:
(1) Step One in the process is to compute a total amount for annual projected allowable costs by adding together the costs identified in Section 58552 which were reported by the vendor Form DS2 (7/91), entitled Transportation Cost Statement;
(2) Step Two in the process is to compute a total amount for annual projected vendor income identified in Section 58553 which were reported by the vendor on Form DS2 (7/91), entitled Transportation Cost Statement;
(3) Step Three in the process is to determine the annual net cost by subtracting the amount computed in Step Two from the amount computed in Step One; and
(4) Step Four in the process is to compute the rate of payment by dividing the annual net cost determined in Step Three by the total number of annual route miles which were reported by the vendor on Form DS2 (7/91), entitled Transportation Cost Statement.
Credits
Note: Authority cited: Sections 4405, 4631 and 4690.1, Welfare and Institutions Code; and Section 11152, Government Code. Reference: Sections 4631 and 4690.1, Welfare and Institutions Code.
1. New section filed 9-26-91; operative 9-26-91 pursuant to Government Code section 11346.2(d) (Register 92, No. 10).
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 17, § 58554, 17 CA ADC § 58554
