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Concessionary fares adjustment may cut payments

BUSES

28 November 2014
 

The DfT has adjusted data in the calculator used by England’s travel concession authorities (TCAs) for working out concessionary fares reimbursement paid to bus operators.

In 2011 the Department changed the methodology for calculating the National Bus Fares Index, which can be used if operator-specific or TCA-wide data on fare changes between 2005/06 and 2010/11 is unavailable. The DfT did not update the values at the same time and has only now got round to doing so.  

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