3 Jan 2025
🚗CY 2025 Privately Owned Vehicle Mileage Reimbursement Rates Update
Calendar Year (CY) 2025 Privately Owned Vehicle (POV) Mileage Reimbursement Rates; CY 2025 Standard Mileage Rate for Moving Purposes
Summary
GSA is updating the mileage reimbursement rate for privately owned automobiles (POA), airplanes, and motorcycles as required by statute. This information will be available in FTR Bulletin 25-04, which can be found on GSA's website at https://gsa.gov/ftrbulletins.
Agencies
- General Services Administration
Business Impact
$$ - Med
The update to mileage reimbursement rates directly affects businesses that have employees using privately owned vehicles (POVs) for official travel, as it could influence their operating costs and reimbursements. This notice implies regulatory compliance for businesses involved in government contracts or transportation, as they must adjust to these new rates.