(IV) SPARE PARTS
5
TUESDAY, AUGUST 24, 1982
THE SUB-GROUP'S TASK WAS TO EXAMINE STOCK LEVELS, PURCHASING, SOURCES OF SUPPLY AND STOCK CONTROL PROCEDURES. THE SUB-GROUP RECOMMENDED THAT THE COMPANY SHOULD REVIEW ITS PURCHASING, STOCK CONTROL AND ACCOUNTING PROCEDURES WITH A VIEW TO INTRODUCING FORMALISED PROCEDURES AND MORE EFFICIENT MANAGEMENT OF ITS STOCKHOLDING. THE SUB-GROUP ALSO RECOMMENDED THAT CONSIDERATION BE GIVEN TO INTRODUCING COMPUTERISED STOCK CONTROL.
(C) PROFIT CONTROL SCHEMES
THE PROF FT CONTROL SCHEME SUB-GROUP WAS ASKED TO REVIEW THE BASIS AND APPROPRIATENESS OF THE EXISTING SCHEMES, TO CONSIDER THE INCLUSION OF SOURCES OF INCOME CURRENTLY OUTSIDE THE SCHEMES, AND ALSO TO CONSIDER PROJECTED REVENUE, EXPENDITURE AND FUTURE FARE LEVELS.
RECOMMENDATIONS
ON THE ADVICE OF THE TRANSPORT ADVISORY COMMITTEE, THE GOVERNOR-IN-COUNCIL TODAY ENDORSED THE FOLLOWING RECOMMENDATIONS:
(A) THE EXISTING FORM OF MEMORANDUM OF AGREEMENT SIGNED
WITH THE COMPANIES SHOULD BE SUPERSEDED AND REPLACED BY A FORM OF FIVE-YEAR DEVELOPMENT PROGRAMME TO BE NEGOTIATED, REVIEWED AND AGREED ANNUALLY;
(B) THE BASIS FOR THIS DEVELOPMENT PROGRAMME SHOULD BE THE
ANNUAL ROUTE DEVELOPMENT PROGRAMME EXERCISE CONDUCTED BY THE TRANSPORT DEPARTMENT IN LIAISON WITH THE COMPANIES, AND IN CONSULTATION WITH DISTRICT BOARDS!
(C) THE MAIN COMPONENTS OF THE DEVELOPMENT PROGRAMME SHOULD
INCLUDE:
(1) ROUTE DEVELOPMENT PROGRAMMES;
(1) BUS PURCHASING PROGRAMMES;
(III) DEPOT REQUIREMENTS;
V) FINANCIAL FORECASTS;
(V) SPARE PARTS STOCK LEVELS; (VI) MAINTENANCE PROGRAMMES;
(D) THE FIRST YEAR OF EACH AGREED DEVELOPMENT PROGRAMME
SHOULD BE COSTED REALISTICALLY, IN ALL ITS FACETS, AND THAT WHERE THIS GAVE RISE TO A RESULTANT FARES LEVEL CONSIDERED BY THE ADMINISTRATION TO BE UNACCEPTABLE, THE TAÇ SHOULD BE CONSULTED;
(E)
THE COMPANIES' COMPLIANCE WITH THE AGREED DEVELOPMENT PROGRAMMES SHOULD BE CLOSELY MONITORED BY THE TRANSPORT DEPARTMENT. AND THE NECESSARY RESOURCES SHOULD BE PROVIDED FOR THIS TO BE DONE;
(F) THE ARRANGEMENTS