The IRS has announced an increase in the standard mileage
reimbursement rate from 56.0 cents a mile to 57.5.0 cents a mile, effective
January 1, 2015. Click here to read the announcement from the IRS.
Check Invoices and Contracts: If you're a public agency, make
sure you check invoices carefully so that you pay the contractual
mileage reimbursement rate you've agreed to, which may be pegged to the IRS rate or may be specified in your contract. If you're a contractor
doing business with the government, review your contract before
submitting an invoice so that you submit the correct rate on your
invoices.
Mike Purdy's Public Contracting Blog
© 2014 by Michael E. Purdy Associates, LLC
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