Reply To: FESL Vacant Rates

#19258
Robert Hay
Participant

    The Hills

    Hi Megan

    I believe the calculation for Ind Vacant would be $100 + LV x 0.0013435.

    E.g $100 + 100,000 x 0.0013435 = $234.35 which matches the FESL calculator.

    I would not be rounding the rate in the $ at all as this will lead to an incorrect calculation.

    Robert