Reimbursement Formula:
From: | To: |
Definition: This calculator estimates the reimbursement amount for a personally procured move based on the government constructed cost (GCC).
Purpose: It helps military personnel and government employees determine their reimbursement when organizing their own relocation instead of using government-provided moving services.
The calculator uses the formula:
Where:
Explanation: The GCC is multiplied by 1.3 to determine the reimbursement amount for a personally procured move.
Details: Accurate calculation ensures proper compensation for relocation expenses and helps in budgeting the move.
Tips: Enter the GCC amount in dollars. The value must be > 0.
Q1: What is GCC?
A: Government Constructed Cost is the estimated cost the government would incur if they handled your move.
Q2: Why is the multiplier 1.3?
A: The 1.3 factor accounts for additional expenses typically incurred in personally procured moves.
Q3: Does this include all moving expenses?
A: This is the base reimbursement. Additional allowances may apply depending on your situation.
Q4: How do I find my GCC amount?
A: Your GCC should be provided by your transportation office or can be estimated using government tools.
Q5: Is this calculator official?
A: This is for estimation only. Always verify with your transportation office for official amounts.