The Importance of E-Ticketing to Public Transport in Romania - URTP

More documents

Recommendations

Info

Contractual mechanics of out-sourced model for E-Eticketing systemAn independent fiduciary agent (bank) receives allrevenues processed through the validators.At this stage, the Municipal Transport Authority thentells the fiduciary agent (bank) to pay the variousoperators based on their contractually agreed (PSC)operation plans.The bank as fiduciary agent first keeps itscontractually determined fee (approx. 0.5 percent) ofthe total revenues, and distributes the rest of funds toall involved parties.
Revenue verification of systemrevenuesThe revenues from each particular validator terminalshould match the electronic records of thepassengers entering the system.The electronic records are actually independentlyverified in two locations.The electronic data is downloaded to mainframecomputers/servers at both the e-ticketing companyand the Municipal Transport AuthorityThis sort of electronic verification is an effectivemechanism in building the confidence level of allparties in the fare collection system.
Page 1 and 2: Financing Urban Transport:The Impor
Page 3 and 4: Perspectives on Urban TransportSect
Page 5 and 6: Major Trends for Urban Transport in
Page 7 and 8: EBRD Approach toUrban Transport Inv
Page 9 and 10: EBRD-Favoured Approach: Institution
Page 11: Contractual & Institutional Set-Up
Page 15 and 16: Basic example: Estimate for medium-
Page 17 and 18: E-ticketing system should be multi-
Page 19 and 20: A few parting comments on lending t
Page 21: www.ebrd.com

The Importance of E-Ticketing to Public Transport in Romania - URTP

Create successful ePaper yourself

Delete template?

Save as template?