Reimbursement Formula:
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Definition: This calculator estimates the reimbursement amount for a Personally Procured Move (PPM) in military relocations based on the Government Constructed Cost.
Purpose: It helps military personnel understand their potential reimbursement when choosing to manage their own move rather than using government-contracted services.
The calculator uses the formula:
Where:
Explanation: The government pays 100% of what it would cost them to move you (GCC), plus 30% as an incentive for handling the move yourself.
Details: Accurate estimation helps military families decide whether a PPM makes financial sense and plan their moving budget accordingly.
Tips: Enter the GCC amount provided by your transportation office. The result shows your estimated reimbursement including the 30% incentive.
Q1: What is GCC?
A: Government Constructed Cost is what the government would pay a contractor to move your household goods.
Q2: Is the 1.3 multiplier always accurate?
A: While 1.3 is standard, always verify with your transportation office as policies may change.
Q3: What expenses does this reimbursement cover?
A: It's meant to cover moving costs, but you keep any amount not spent on the actual move.
Q4: How do I get my GCC amount?
A: Your transportation office provides this after evaluating your shipment weight and distance.
Q5: Are there tax implications?
A: The reimbursement is tax-free, but consult a tax professional for your specific situation.