§ 230.7101-1 - Cost of money.  


Latest version.
  • (a) The interest rate in 230.7100(c)(1) is established semi-annually and is published in the Federal Register during the fourth week of December and June.

    (b) To calculate the time-weighted average interest rate—

    (1) Multiply the various rates in effect during the months of construction by the number of months each rate was in effect; and

    (2) Divide the sum of the products by the total number of months in which the rates were experienced.