New Mexico Administrative Code
Title 18 - TRANSPORTATION AND HIGHWAYS
Chapter 3 - MOTOR CARRIER GENERAL PROVISIONS
Part 15 - FUEL SURCHARGE FOR NON-CONSENSUAL
Section 18.3.15.8 - FUEL SURCHARGE LINE ITEM CALCULATION

Universal Citation: 18 NM Admin Code 18.3.15.8

Current through Register Vol. 35, No. 18, September 24, 2024

A towing service may add to a non-consensual tow invoice a separate fuel surcharge line item that must comply with the following table and formula.

A. formula: the fuel surcharge amount is calculated by multiplying the total allowable mileage charge by the 'multiplier' in the table, below, that corresponds to the applicable 'EIA gas/diesel price range for the Rocky Mountain region'. Example: if the total allowable mileage charge for the non-consensual tow is $100, and that week's EIA fuel price (as identified on the EIA website) is $4.00, then that fuel price falls within the $3.76 - $4.00 price range, which corresponds on the table, below, to a multiplier of .0675; so the fuel surcharge is calculated as $100 (the mileage charge) multiplied by .0675 (or 6.75%), which equals a fuel surcharge amount of $6.75.

B. table:

EIA Fuel Price Range

Multiplier

$2.26 - $2.50

.0375 (or 3.75%)

$2.51 - $2.75

.0425 (or 4.25%)

$2.76 - $3.00

.0475 (or 4.75%)

$3.01 - $3.25

.0525 (or 5.25%)

$3.26 - $3.50

.0575 (or 5.75%)

$3.51 - $3.75

.0625 (or 6.25%)

$3.76 - $4.00

.0675 (or 6.75%)

$4.01 - $4.25

.0725 (or 7.25%)

$4.26 - $4.50

.0775 (or 7.75%)

$4.51 - $4.75

.0825 (or 8.25%)

$4.76 - $5.00

.0875 (or 8.75%)

$5.01 - $5.25

.0925 (or 9.25%)

$5.26 - $5.50

.0975 (or 9.75%)

$5.51 - $5.75

.1025 (or 10.25%)

$5.76 - $6.00

.1075 (or 10.75%)

$6.01 - $6.25

.1125 (or 11.25%)

$6.26 - $6.50

.1175 (or 11.75%)

$6.51 - $6.75

.1225 (or 12.25%)

$6.76 - $7.00

.1275 (or 12.75%)

$7.01 - $7.25

.1325 (or 13.25%)

$7.26 - $7.50

.1375 (or 13.75%)

Disclaimer: These regulations may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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