FRIDAY, NOVEMBER 11, 1994
15
NEW TAXI LICENCE TENDERS RESULTS ANNOUNCED
* *
RESULTS OF THE TENDERS FOR THE LATEST URBAN AND NEW TERRITORIES LICENCES
WERE
ANNOUNCED TODAY
(FRIDAY)
BY *THE
TRANSPORT
TAXI
DEPARTMENT.
OF
SUCCESSFUL
DETAILS
TFNDERERS PUBLISHED IN TODAY'S GOVERNMENT GAZETTE,
AND PREMIUMS OFFERED ARE
A TOTAL OF 2,850 BIDS OFFERING PREMIUMS RANGING FROM $1,808, TO $100 AND 611 BIDS OFFERING PREMIUMS FROM $1,183,600 TO $1,330 BEEN RECEIVED FOR URBAN AND NEW TERRITORIES (NT) TAXI THE TENDERS CLOSED ON SEPTEMBER 23.
888 HAD
LICENCES WHEN
AND LOWEST A SPOKESMAN FOR THE DEPARTMENT SAID: "THE HIGHEST
$1,719,000 BIDS ACCEPTED FOR URBAN TAXI LICENCES WERE $1,808,888 AND
FOR THE NT TAXI LICENCES WERE AND THE CORRESPONDING BIDS ACCEPTED BETWEEN $1,183,600 AND $1,095,000.
ACCEPTED
FOR URBAN TAXI WITH THAT OF
PREMIUM OF $1,739,385 AVERAGE THE LICENCES MARKED AN INCREASE OF 15 PER CENT COMPARED $1,512,055 OFFERED IN THE LAST TENDER IN DECEMBER 1991.
WHEN THE AVERAGE AN INCREASE OF 151 PER CENT WAS RECORDED
WITH ACCEPTED PREMIUM OF $1,110,873 FOR NT TAXI LICENCES WAS COMPARED THAT OF $442,136 OFFERED IN THE LAST TENDER IN JULY 1989.
THESE TENDER PREMIUMS ARE NOT HIGHER THAN THE TRANSFER PREMIUMS PREVAILING IN THE MARKET IN MID-1994.
COMPANIES OF THE SUCCESSFUL TENDERERS, 46 PER CENT ARE LIMITED
LAST WHILE THE REMAINING 54 PER CENT ARE INDIVIDUAL PERSONS. IN THE TENDER FOR URBAN TAXIS IN 1991, 83 PER CENT WERE LIMITED COMPANIES AND 17 PER CENT WERE INDIVIDUALS, WHILE IN THE LAST TENDER FOR NT TAXIS IN AND 31 PER CENT WERE 1989, 69 PER CENT WERE LIMITED COMPANIES INDIVIDUALS.
EXERCISE. "TWO NEW CONDITIONS HAVE BEEN INCLUDED IN THE TENDER
NT TAX1 FIRST, NO TENDERER MAY BID FOR MORE THAN ONE URBAN AND ONE
BE TRANSFERABLE LICENCE; AND SECOND, THE NEW TAXI LICENCES WILL NOT
OF THE TAXIS WITHIN 12 MONTHS FROM THE DATE OF FIRST REGISTRATION CONCERNED," THE SPOKESMAN SAID.
TAXI IN ADDITION, BOTH THE TRANSFEROR AND THE TRANSFEREE OF A
PERSON AND IN THE WILL BE REQUIRED TO SIGN THE TRANSFER FORM IN
BY THE COMMISSIONER FOR PRESENCE OF A PUBLIC OFFICER DESIGNATED
TRANSPORT WITHIN 72 HOURS OF THE TRANSFER, HE ADDED.
THE TRANSPORT
THESE ARE PART OF THE RECOMMENDATIONS MADE BY ADVISORY COMMITTEE AND APPROVED BY THI EXECUTIVE COUNCIL. IN APRIL THIS
SPECULATION YEAR,
DAMPEN TAXI SERVICES IMPROVE LICENCES. THE EFFECTIVENESS OF THESE MEASURES WILL BE REVIEWED.
AND
IN TAXI
ΤΟ
TENDERS FOR THE 300 URBAN TAXI LICENCES AND THE 100 LICENCES WERE CALLED FOR IN SEPTEMBER THIS YEAR AND THIS WAS THE FIRST TENDERS INVITED SINCE THEN.
NT
TAXI
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