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Printing - FECA-PT2 - National Association of Letter Carriers

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2-1800-Exhibit 1 (Vehicle Modification)<br />

Memorandum <strong>of</strong> Agreement – Vehicle Modification<br />

This agreement establishes the parameters under which the Office <strong>of</strong> Workers’ Compensation Programs<br />

(OWCP) agrees to pay for the purchase <strong>of</strong> and/or the modifications to your vehicle. These vehicle<br />

modifications are approved based upon limitations caused by your accepted work injury.<br />

The undersigned agree to the following:<br />

1. OWCP will pay for the purchase <strong>of</strong> the following vehicle and the specific modifications identified<br />

below. In purchasing your vehicle, OWCP will take credit for the trade-in value <strong>of</strong> the vehicle you<br />

own with the highest current fair market value.<br />

For new vehicle purchase, list trade-in vehicle, approved new vehicle and all<br />

approved modifications.<br />

OR<br />

OWCP will pay for the specific modifications to your existing vehicle as identified below.<br />

For existing vehicle modifications, identify existing vehicle and list all approved<br />

modifications.<br />

2. You will provide pro<strong>of</strong> <strong>of</strong> adequate insurance and proper registration <strong>of</strong> the vehicle in the state <strong>of</strong><br />

residency. You are required to carry fire, theft, comprehensive and collision insurance on vehicles<br />

paid for in whole or in part by OWCP, unless the equipment furnished is worth under $200. You<br />

understand that you are responsible for paying annual taxes, insurance costs, and all registration<br />

fees for the vehicle.<br />

3. Equipment required for your injury and furnished for your vehicle by OWCP will be repaired and<br />

maintained at OWCP expense. All other parts <strong>of</strong> the vehicle will be repaired, maintained, and<br />

replaced at your expense even if OWCP has paid for the vehicle.<br />

4. You understand that if and when the vehicle, item, or modification is no longer needed, you will be<br />

entitled to retain it if the value (or enhanced value) is less than $10,000. If the value <strong>of</strong> a vehicle,<br />

an enhancement to a vehicle, or any other item furnished for your vehicle is greater than $10,000<br />

when relinquished by you, the amount <strong>of</strong> value above $10,000 must be reimbursed to the<br />

Department <strong>of</strong> Labor in a percentage <strong>of</strong> the total value based on the period <strong>of</strong> use. If you have<br />

used the vehicle, enhancement, or other item for one year, the amount to be reimbursed to the<br />

Department <strong>of</strong> Labor would be 90% <strong>of</strong> the value above $10,000. The amount to be reimbursed<br />

will be reduced by 10% annually until it reaches zero (0%) after 10 years <strong>of</strong> your use.<br />

<strong>FECA</strong>-<strong>PT2</strong> Printed: 06/08/2010 728

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