GSA Announces New Mileage Reimbursement Rate for Federal Employees
January 22, 2007
Contact: Jen Millikin (202) 501-1231
Washington, DC – The U.S. General Services Administration (GSA) today announced an increase in the mileage reimbursement rate which Federal employees receive for the use of Privately Owned Automobiles (POA) for official travel when deemed advantageous by their agencies. The mileage rate will increase from 44.5 cents to 48.5 cents per mile.
This latest rate mirrors the new optional standard mileage rate announced on November 1, 2006 by the Internal Revenue Service (IRS) for use by Federal employees, self-employed individuals, or other taxpayers in calculating the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
By law, in consultation with the U.S. Department of Transportation, the U.S. Department of Defense, and representatives of employee organizations of the Federal government, GSA conducts periodic investigations of costs associated with travel and operation of privately owned vehicles on a yearly basis. GSA may not exceed the POA standard mileage reimbursement rate set by the IRS.
Once approved by the Office of Management and Budget, the new rate will be published in the Federal Register and become effective February 1, 2007.
Founded in 1949, GSA serves as a centralized procurement and property management agency for the federal government. GSA manages more than one-fourth of the government’s total procurement dollars and influences the management of $500 billion in federal assets, including 8,300 government-owned or leased buildings and 170,000 vehicles. GSA helps preserve our past and define our future, as a steward of more than 420 historic properties, and as manager of USA.gov, the official portal to federal government information and services. GSA’s mission to provide superior workplaces, expert technology solutions, acquisition services, purchasing and e-travel solutions and management policies, at best value, allows federal agencies to focus on their core missions.
Did You Know? GSA’s Multiple Award Schedules feature more than 17,500 of the best businesses offering more than 10 million products and services to government, from environmentally friendly cleaning products to sophisticated information technology solutions. Negotiated by GSA for best prices and rapid service, Multiple Award Schedules offer unparalleled value for both users and the American taxpayer.