Operating Costs for Traffic Monitoring, Management, and Control Law and Legal Definition
Operating costs for traffic monitoring, management, and control refer to the expenses incurred as part of traffic monitoring, management, and controlling. The operating costs are a type of recurring expense which is incurred on a daily basis. For example, the cost of purchasing equipment to effectively monitoring the highway traffic is an operational expense.
Following is an example of federal statute defining operating costs for traffic monitoring, management, and control:
Pursuant to 23 USCS § 101(17) Operating costs for traffic monitoring, management, and control. The term "operating costs for traffic monitoring, management, and control" includes labor costs, administrative costs, costs of utilities and rent, and other costs associated with the continuous operation of traffic control, such as integrated traffic control systems, incident management programs, and traffic control centers.
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- Operating Differential Subsidy
- Operating Environment [Aeronautics and Space]
- Operating Expenses
- Operating Income
- Operating Life [Aeronautics and Space]
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