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Exhibit 3, 320 FW 2 Single Job |
New Date: October 31, 2008 Series: Vehicle and Equipment Management Part 320: Motor Vehicle Management Originating Office: Division of Contracting and Facilities Management |
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One-Time Repair Limit in Percentage of Replacement Cost
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Age of Vehicle Years |
Maximum Percentage of Repair to Value Per Job |
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Sedans/Station Wagons and Trucks < 7711 GVWR (%) |
Buses and Trucks > 7711 GVWR (%) |
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1 |
50 |
50 |
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2 |
40 |
45 |
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3 |
30 |
40 |
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4 |
20 |
35 |
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5 |
10 |
30 |
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6 |
5 |
25 |
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7 |
5 |
20 |
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8 |
5 |
15 |
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9+ |
5 |
10 |
Following is an example of how to use this table:
· A 2005 (3/4 ton) pickup truck needs repairs in 2007.
· The vehicle is 2 years old, which equals 40% maximum repair limit per job based on replacement cost.
· The replacement cost is $20,000.
· 40% x $20,000 = $8,000.
· Repairs up to $8,000 are authorized for repair of this vehicle.
For information on the content of this exhibit, contact the Division of Contracting and Facilities Management. For additional information about this Web site, contact Krista_Holloway, in the Division of Policy and Directives Management.
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