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March 2005 49 CFR Part 24 Subpart D Moving Costs and Related Expenses.

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Presentation on theme: "March 2005 49 CFR Part 24 Subpart D Moving Costs and Related Expenses."— Presentation transcript:

1 March CFR Part 24 Subpart D Moving Costs and Related Expenses

2 March 2005 D--2 Old Rule  §  §  §  §  §  §  § Reorganized Subpart New Rule  § Expanded  § Reworded  § NEW*  § Unchanged  § New # only  § New # only *No longer subject to a$10,000 re-establishment cap.

3 March 2005 D--3 Residential Self-Moves  § (b) Moves from a dwelling.  § (c) Moves from a mobile home.  Self-moves based on the lower of two bids or estimates are not eligible for reimbursement under this section.  Labor and equipment rates limited to that paid by commercial movers.

4 March 2005 D--4 Residential Move Options § (B)  Commercial Move.  Actual cost based on Receipted Bills.  Fixed Residential Moving Cost Schedule.  Combination.

5 March 2005 D--5 Moves of Personal Property Only  New § (e) covers situations in which the main business or dwelling is not required to move but the owner’s or tenant’s “stuff” is. R/W

6 March 2005 D--6 Actual Direct Loss § (g)(14) Payment is the lesser of: Market value in place “as is.” LESS ( i ) or ( ii ) Estimated cost to move and reconnect “as is.”

7 March 2005 D--7 Nonresidential Moves  § (g)(17) Searching expense:  Limit raised to $2,500.  New reimbursement items.  Owner or professional services’ time spent for:  Obtaining permits and attending hearings.  Negotiating the purchase or lease of replacement site.

8 March 2005 D--8 Nonresidential Moves – Searching Expense  Appendix A, § (g)(17):  Examples of reasonable and necessary costs that may be considered for reimbursement.  Potential to use waiver under § 24.7 to exceed $2,500 for situations where warranted based on Federal funding Agency procedures.

9 March 2005 D--9 Low Value/High Bulk § (g)(18). This is a new addition to the list of eligible moving expenses. Stockpiled sand, gravel, and similar items Pay the lesser of... Price for sale at old site. Cost for new at new site.

10 March 2005 D--10 Nonresidential Moves Related Eligible Expense  § Actual, reasonable, and necessary costs for:  Utility connection from right of way:  Not related to personal property.  Professional services prior to purchase/lease to determine suitability:  Soil testing, feasibility, and marketing studies to determine site suitability.  Impact fees and one-time assessments.

11 March 2005 D--11 Ineligible Moving and Related Expenses § (h)(12)  Refundable security and utility deposits


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