UT Transportation Services will be adjusting vehicle rates on today, May 1, 2008 and July 1, 2008. The increases that will be effective on May 1 are due to the current surge in fuel prices.
The adjustments are:
- Sedans and minivans – $.02 per mile increase in the mileage rate; $20.00 per month increase in the monthly rate
- All other categories – $.04 per mile increase in the mileage rate; $40.00 per month increase in the monthly rate
The adjustments on July 1 apply only to midsize sedans, 5-passenger van, 12-passenger van, 4×4 crew cab, hi-cube van, light dump and 4×4 light dump. The increases are due to procurement cost increases for these categories, lift gates, and truck bodies.
A fuel adjustment for all vehicles will be effective May 1, 2008. This adjustment will be $.02 per mile and $20.00 per month on sedans and minivans; and $.04 per mile and $40.00 per month for all other categories. Additional fuel adjustments may be made after July 1depending upon any increase/decrease in fuel costs.
TSD regrets the need for the increases. For more information, visit the Transportation Services Department Web site.