New Policy - Reimburse Boat Owners for Costs Incurred for Use A Local Organizing Committee (LOC) must reimburse a boat owner(s) for use of a boat for any event (excluding Regionals and Nationals), on an hourly basis. This provision includes promo boats, individually owned boats, club-owned boats, etc. The recommended reimbursement rate is $25 (Twenty-Five dollars) per hour of use, recorded from the boat’s hour meter. The boat must be an Approved Tournament Towboat with valid insurance as required by USAWSWS. The boat owner has the option to decline reimbursement and/or make other arrangements. All payments from the LOC to the boat owner are reimbursement for costs incurred and not compensation for tax purposes. Reimbursement by the LOC to the boat owner is separate from any consideration a towboat owner may receive from a manufacturer. Considerations: 1) Reimbursement is in addition to any consideration a towboat owner may receive from a manufacturer. 2) Clubs may ultimately increase tournament entry fees. For example, with 40 paid skiers, the entry would have to be increased by $5 per entry. 3) May be an incentive for a club or LOC to purchase and use their boat for an event. 4) May increase the number of private boat owners that would consider using their boat in an event. 5) May reduce some of the cost burden on manufacturers to support three event tournaments. 6) Regional and National tournaments are not included. Any reimbursement for Regional and National tournaments will be at the discretion of each manufacturer.