Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 49 - Transportation |
Subtitle B - Other Regulations Relating to Transportation |
Chapter I - Pipeline and Hazardous Materials Safety Administration, Department of Transportation |
SubChapter D - Pipeline Safety |
Part 191 - Transportation of Natural and Other Gas by Pipeline; Annual Reports, Incident Reports, and Safety-Related Condition Reports |
Appendix A to Part 191 - Procedure for Determining Reporting Threshold
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Appendix A to Part 191 - Procedure for Determining Reporting Threshold
I. Property Damage Threshold Formula
Each year after calendar year 2021, the Administrator will publish a notice on PHMSA's website announcing the updates to the property damage threshold criterion that will take effect on July 1 of that year and will remain in effect until the June 30 of the next year. The property damage threshold used in the definition of an Incident at § 191.3 shall be determined in accordance with the following formula:
Where:
Tr is the revised damage threshold,
Tp is the previous damage threshold,
CPIr is the average Consumer Price Indices for all Urban Consumers (CPI-U) published by the Bureau of Labor Statistics each month during the most recent complete calendar year, and
CPIp is the average CPI-U for the calendar year used to establish the previous property damage criteria.
[86 FR 2237, Jan. 11, 2021]