(a) The board, in consultation with the commission, by rule shall provide for the issuance of a permit under this subchapter. The rules must include each matter the board and the commission determine necessary to implement this subchapter and:
(1) requirements for forms and procedures used in applying for a permit;
(2) conditions with regard to route and time of movement;
(3) requirements for flags, flaggers, and warning devices;
(4) the fee for a permit; and
(5) standards to determine whether a permit is to be issued for one trip only or for a period established by the commission.
(b) In adopting a rule or establishing a fee, the board and the commission shall consider and be guided by:
(1) the state's investment in its highway system;
(2) the safety and convenience of the general traveling public;
(3) the registration or license fee paid on the vehicle for which the permit is requested;
(4) the fees paid by vehicles operating within legal limits;
(5) the suitability of roadways and subgrades on the various classes of highways of the system;
(6) the variation in soil grade prevalent in the different regions of the state;
(7) the seasonal effects on highway load capacity;
(8) the highway shoulder design and other highway geometrics;
(9) the load capacity of highway bridges;
(10) administrative costs;
(11) added wear on highways; and
(12) compensation for inconvenience and necessary delays to highway users.