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Research and Advice on Risk Management in Relation to the Subsidy of Ferry Services - Deliverable 3: Non-EU Case Studies

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Footnotes

1 The main legislation, in terms of ferry services within the British Columbia, is the "Ferry and Coastal Act" (26 thof March of 2003). ( http://www.legis.gov.bc.ca/37th4th/3rd%5Fread/gov18%2D3.htm)

2 The contract can be downloaded from the following website: http://www.bcferrycommission.com/Coastal_Ferry_Services_Contract.pdf

3 According to the BC Ferry Commissioner, the calculation of the average fare is complicated for several reasons. One is the way the legislation is framed (seven separate route groups, a price cap that lifts part way through a quarter, and the offside determination which allows the operator some leeway before coming back onside). Another factor is the heterogeneity of traffic types and absolute fare values, and significant seasonal variation. Accordingly and with expert advice, the Ferry Commissioner chose to produce an index of yield which uses revenue-weighted yield growth smoothed by using four-quarter totals of revenue and volume as inputs.

4 The contract can be downloaded from the BC Ferry Commission website: http://www.bcferrycommission.com/Coastal_Ferry_Services_Contract.pdf.

5 This can be found in the "Schedule A" of the contract. This statistics cover the historical traffic from 1987 up to 2001, traffic, service and schedule levels, trip purpose, residence, profit and loss account, etc.

6 More detail about this change in accounting procedure is available from: http://www.bcferrycommission.com/Order0402.pdf

7 The future plans of the BC Ferry Commission are available at: http://www.bcferrycommission.com/FerryCommBudgetTo2006.pdf

8 An invitation to tender document (in English) can be found at: http://ted.publications.eu.int/official/Exec?DataFlow=result_details.dfl&Template=TED/result_details_curr.xsl&Page=1&StatLang=EN

9 The invitation to tender document can be downloaded from: http://odin.dep.no/filarkiv/215202/Tender_document.pdf

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Page updated: Thursday, September 8, 2005