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The GSA establishes per diem rates within the Continental United States for hotels "based upon contractor-provided average daily rate (ADR) data of fire-safe properties in the local lodging industry"; [6] this means that per diem varies depending on the location of the hotel—for instance, New York City has a higher rate than Gadsden, Alabama. [7]
Multiply your loan amount by the interest rate: $400,000 x 0.06 = $24,000 Divide the interest by 365 to find the daily rate: $24,000 / 365 = $65.75 Multiply the daily rate by the number of days ...
CONUS, a technical term used by the U.S. Department of Defense, General Services Administration, NOAA/National Weather Service, and others, has been defined both as the continental United States, and as the 48 contiguous states. [16] [17] The District of Columbia is not always specifically mentioned as being part of CONUS. [17]
An organization may refund or reimburse these costs on the basis of an itemized list, or may conclude that cost of doing so is disproportionately high and instead pay a per diem ("per day") allowance. This provides a budget from which the traveler may recover their costs.
The Per Diem Committee establishes per diem rates for overseas US areas.; e.g., Alaska, Hawai'i, Guam, and other Non-Foreign Locations - and also provides world-wide per diem rates (from GSA for CONUS and from State Department for foreign countries).
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United States v. Florida East Coast Railway Co., 410 U.S. 224 (1973), was a case decided by the United States Supreme Court. Due to a chronic freight car shortage, Congress had enlarged the scope of the Interstate Commerce Commission's authority to prescribe per diem rate charges for the use of one company's freight car by another, thus giving an incentive to each company to use the cars more ...
Financial firms rapidly began exploit the incentive per diem program for profit, some even buying entire shortline railroads and establishing boxcar repair facilities that could also assemble new boxcars from kits shipped by manufacturers. 11 years after the program's formation, approximately 40,000 boxcars had been built under incentive per diem.