NAFA Unveils Cost Allocation Guide

The National Association of Fleet Administrators (NAFA) has introduced a new reference guide for fleet managers to help them lower fleet costs while improving efficiency and productivity. Called the “Fleet Cost Allocation Guide,” NAFA said the reference book is ideally suited for managers seeking to implement industry best practices in their own operation. NAFA added that a diverse team of fleet managers

The National Association of Fleet Administrators (NAFA) has introduced a new reference guide for fleet managers to help them lower fleet costs while improving efficiency and productivity.

Called the “Fleet Cost Allocation Guide,” NAFA said the reference book is ideally suited for managers seeking to implement industry best practices in their own operation. NAFA added that a diverse team of fleet managers and consultants developed this fleet financial “how to” guide that applies to a wide variety of vehicle fleets, including leased commercial sedans, government and utility vehicles, even over-the-road trucks.

It’s built on the basic concept that all fleet expenses should be known and accounted for, regardless of where they appear in an organizations budget, said Christopher Amos, commissioner of equipment services for the city of St. Louis, who was a major contributor to the project.

"These are financially challenging times for fleet managers and this guide can help them determine the true costs of their fleet operation and develop a system for allocating these costs to meet their organizations’ unique needs,” he said. “It is useful for experienced fleet managers as well as those new to the industry.”

The Fleet Cost Allocation Guide is available to NAFA members and non-members alike at NAFA’s online store at www.nafa.org.

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