761—910.5 (324A) Standards for compliance. A provider shall be found compliant if the provider meets both of the following standards:
	 910.5(1) All vehicles used for the public transit services it provides or contracts for are insured for $1 million per accident for all hazards or the provider maintains a self-insurance fund adequate to provide equivalent protection.
	 910.5(2) The provider:
	  a.   	 Purchases all services from a designated public transit system, or
	  b.   	 Operates all services open to the public under contract with and control of a designated transit system, or
	  c.   	 Purchases all services from a private-for-profit operator of public transit services, or
	  d.   	 Operates its own services which:
	 (1) 	 The designated public transit system is currently unable to provide, or
	 (2) 	 When considered as a whole using fully allocated costs, prove to be more economical than the purchase of equivalent services from the designated public transit system.
	  e.   	 Uses a combination of services in paragraphs “a,” “b,” “c,” and “d.”
This rule is intended to implement Iowa Code section 324A.4.