The Transport Bureau (DSAT) said in a statement yesterday that the government has renewed its service provider contracts with public bus operators Transmac and TCM for another 15 months effective from tomorrow.
The statement said that as the government has approved the merger of TCM and public bus operator New Era – which will take effect tomorrow, it only needed to renew its contracts with TCM and Transmac. The contracts for all the three public bus operators expire today.
The statement noted that the government needs more time to negotiate with the two remaining public bus operators (Transmac and TCM) about certain details in their future contracts, adding that it has therefore decided to renew the two companies’ contracts for a short time – just 15 months – before the new contracts can be finalised.
