Under the Bus Services Enhancement Fund, 800 buses will be added by 2016 of which 550 will be funded from the government. Now, we can understand why it took nearly 20 years for the PTOs to add 800 buses in the past. With more buses entail more inspection revenues for VICOM, so we shall see how much of a revenue will be added.
As public buses, they have to be inspected every 6 months paying $68 per inspection. Being diesel operated, they will also have to undergo CDST for $26. This gives us a total of $188 per bus added per year. 800 buses = $150400 annually. While this might represent a ...
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