Federal Register - August 27, 2021
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Source: Federal Register
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Federal Register / Vol. 86, No. 164 / Friday, August 27, 2021 / Proposed Rules
Medical Certificate Applications Submitted in PersonOpportunity Cost of Time Compensation
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Table 8 illustrates an analysis similar to table 7, but in terms of the compensation that FCPs would have otherwise forgone in order to commute to an REC to submit a medical certificate application. Based on data provided from each REC, we determined that, on average, a mariner would require 25
minutes to arrive and enter a REC, considering security protocols, and exit the REC, column c. It would require, on average, an additional 5 minutes of
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wait time to be seen by the legal instruments examiner at the customer service counter, column d, and an additional 1 minute for the examiner to verify that the medical certificate application is complete and filled out properly, column e. The time burden for FCPs would be no different than for any other mariner.
To quantify the savings associated to mariners not using a full hour of their time to commute to a REC, column b, we use the FCPs loaded hourly wage rate, estimated at $64.90, column f.
The undiscounted cost savings associated to FCPs who no longer have
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to commute to submit a medical certificate application, column g t is calculated as the product of the number of reduced FCPs, column a t , the average commuting time to and from an REC, column b, the average time to it takes an FCP to enter and exit an REC, column c, the average time to it takes for an FCP to be seen by legal instruments examiner at the customer service counter, column d, and the average time it takes for the examiner to verify that the medical certificate application is complete and filled out properly, column e. Hence, g t = a t b + c + d + e f.
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