The authorization for the existing New Jersey Department of Transportation (NJ DOT) motor bus carrier subsidy program stems from a 1969 amendment to the Transportation Act of 1966 and forms the basis for the current subsidy program. The purpose of the report is to describe in detail the results of a study which has laid the foundation for a new and permanent bus service contract program. This report presents a recommended new and permanent bus service contract program for the State of New Jersey. Under this program the State would purchase stipulated quantities of service (purchase-of-service concept), on the basis of fixed price contracts, from carriers with legitimate need for financial assistance. Statistical and financial data of subsidized carriers were collected from two sources: the NJ DOT, and the subsidized operating companies.


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    Title :

    Standard for Bus Service Contract Payments and a System of Incentives


    Publication date :

    1976


    Size :

    119 pages


    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English