Quote:
Originally Posted by Bill14564
I will read the study more closely to find and understand the credits and additional calculations. My impression from the study was that the 40% number was determined by dividing the existing fees by the "maximum defensible" fee: essentially, what number was necessary to keep the fees the same.
I'll also need to look at what "maximum defensible" means. I'm surprised that 110% to 130% of actual cost was considered to be defensible. But again, I need to look at the study more closely.
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Be sure to have a fresh pot of coffee available, it's a challenging read.
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Don Wiley
GoldWingNut (a motorcycle enthusiast not a gilded fastener)
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Carpe diem quam minimum credula postero
Society is produced by our wants, and government by wickedness; the former promotes our happiness positively by uniting our affections, the latter negatively by restraining our vices. -
Thomas Paine, 1/10/1776