Vehicle Utilization definition

Vehicle Utilization means the portion of our vehicles that are being utilized to generate revenue; and
Vehicle Utilization means the portion of our vehicles that are being utilized to generate revenue; and (lv) "vehicles” means cars, vans, crossovers and light trucks.

Examples of Vehicle Utilization in a sentence

  • Employees utilizing a GFV shall complete the Daily Vehicle Utilization Report, HUD Form 21016, or any other information for the agency regarding the use of the GFV.

  • Vehicle Utilization ($23.57 per hour x 600 hours) = $14,142.00 The estimated budge is calculated as follows: Average Hourly Rate X Estimated Number of Hours $83.57 x 1152 hours $ 96,272.64 Vehicle Utilization $23.57 x 600 hours $ 14,142.00 Total Budget Estimate: $110,414.64 TxDOT shall reimburse three (3) hours for each officer assigned to perform traffic control, if cancellation of the requested assistance is not made at least three (3) hours prior to the anticipated service commencement time.