XN000022-1981-10-15 — Page 5

4

THURSDAY, OCTOBER 15, 1981

MARKED DECREASE IN AVERAGE PREMIA FOR TAXI LICENCES

***

RESULTS OF TENDERS SUBMITTED IN AUGUST AND SEPTEMBER FOR 300 URBAN AND 150 NEW TERRITORIES TAXI LICENCES SHOW A MARKED DECREASE FROM THE AVERAGE PREMIA OFFERED IN PREVIOUS TENDERING EXERCISES.

ANNOUNCING THIS TODAY. THE SENIOR EXECUTIVE OFFICER IN CHARGE OF THE TRANSPORT DEPARTMENT'S PUBLIC VEHICLES SECTION, MR R.A. DA SILVA, SAID THAT 791 TENDERS WERE LODGED FOR 1 042 URBAN TAXI LICENCES ALMOST 3.5 TIMES THE 300 TAXIS AVAILABLE.

-

THE HIGHEST BID ACCEPTED WAS $206 800 AND THE LOWEST $179 003.

THIS GAVE AN AVERAGE PREMIUM OF $182 143, WHICH REPRESENTED A 32 PER CENT DECREASE ON THE AVERAGE BID OF $267 957 MADE IN APRIL FOR 331 URBAN TAX1 LICENCES.

MR DA SILVA SAID A TOTAL OF 99 TENDERS FOR 112 NEW TERRITORIES TAXI LICENCES WERE RECEIVED, OF WHICH 97 TENDERS WERE ACCEPTED FOR 110 LICENCES.

SUCCESSFUL BIDS RANGED FROM A HIGH OF $139 800 TO A LOW OF $1 000, GIVING AN AVERAGE PREMIUM OF $61 500.70.

TRIS REPRESENTED A DECREASE OF 69.3 PER CENT ON THE AVERAGE PREMIUM OF $200 592.92 ACCEPTED FOR 100 NEW TERRITORIES TAXI LICENCES OFFERED IN NOVEMBER AND DECEMBER, 1980.

MR DA SILVA SAID THAT TENDERS FOR THE BALANCE OF THE 150 NEW TERRITORIES TAXI LICENCES WOULD BE INVITED SOON.

DETAILS OF SUCCESSFUL TENDERERS FOR URBAN TAXI LICENCES, AND THE AMOUNTS OFFERED, WILL BE PUBLISHED IN TOMORROW'S GOVERNMENT GAZETTE.

RESULTS OF THE NEW TERRITORIES TAXI LICENCE TENDERING EXERCISE WILL BE GAZETTED ON FRIDAY, OCTOBER 23.

-

15