Privately Owned Vehicle Mileage Reimbursement Rates
General Services Administration
Key Details
- Posted Date
- Response Deadline
- NAICS Code
- 561210
- Source
- Federal Register
- Contract Type
- regulation
Description
The General Services Administration's annual privately owned vehicle (POV) mileage reimbursement rate reviews have resulted in new CY 2014 rates for the use of privately owned automobiles (POA), POAs when Government owned automobiles (GOA) are authorized, privately owned motorcycles, and privately owned airplanes for official purposes. FTR Bulletin 14-03 establishes the new CY 2014 mileage reimbursement rates ($0.56 for POAs, $0.235 for POAs when a GOA is authorized, $0.53 for privately owned motorcycles, and $1.31 for privately owned airplanes) pursuant to the process discussed below. This notice of subject bulletin is the only notification of revisions to the POV rates to agencies other than the changes posted on the GSA Web site. GSA determines these rates by reviewing the annual standard automobile study contracted for by the Internal Revenue Service, as well as conducting independent automobile, motorcycle, and aircraft studies that evaluate various factors, such as the cost of fuel, the depreciation of the original vehicles costs, maintenance and insurance, and or by applying consumer price index data.
Key Dates
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Data sourced from Federal Register