Rental Rate calculations
{Factors used to calculate rental rates}
The factors used to calculate room rental rates include:
- Professional Staff Salaries
- Student Staff Salaries
- Software Licenses
- Maintenance
- Supplies (office, technical, etc)
- Utilities
- Depreciation (installed equipment, etc)
We calculated a rate of $0.24 per square foot, per day.
Per Chapter UWS 21.03(4) and 21.04(3), room rental may only be charged to revenue producing events. Accordingly, the room rental discount is:
- Associated, no revenue 100% discount
- Associated, revenue producing 75% discount
- Not Associated, no revenue 100% discount
- Not Associated, revenue producing no discount
Factors used to calculate equipment rental rates include:
- Manufacturer's Suggested Retail Price (MSRP) x 0.05
Equipment discounts are as follows:
- Associated, no revenue 100% discount
- Associated, revenue producing 75% discount
- Not Associated, no revenue 50% discount
- Not Associated, revenue producing no discount