SBS Transit

[opmi]

Supposedly GOVT needs to compensate SBS Transit/SMRT for every route they acquired into the package?

The current contract ends around 2016, so no compensation needed for early termination, base on current plan. But the GOV should acquire the assets from current PTOs, which including the buses, terminal etc.

If the lease of the assets is concurrently expired with the service contract in 2016, the govt can take over for free or nominal sum.

no one mentioned the rental and adveristing that SBS or SMRT is earning on these assets (interchanges)

The business will belong to the successful bidder, whoever it might be. It is unlikely run by LTA.

That good too. Coz the rental and advert will cross subsidize
fare rev. Like in Changi airport concessions rentals which is used to
lower landing fees.

Better used for lower fare than flowing to shareholders.
Which I think PTC don't consider these non Tpt but high margins
rev in their fare revision.

Basically this new policy takes shareholder returns out of the equation.
Which misalign public Tpt providers interests with the public they served.