What are the criteria associated with the financial aspects of the certification of applicants?
There are no set criteria. TCA intends to cater for the larger and the smaller operator if that is what the marketplace wants. The assessment of the financial status of an Applicant is aimed at ensuring the Applicant has the financial capability and stability to deliver an ongoing IAP service. A significant issue here will be the maximum number of vehicles which the Applicant proposes to monitor. Hence, a small but sound Applicant may well succeed in being certified in respect of a relatively lower number of nominated vehicles, whereas a relatively higher nominated number might be considered problematic for that Applicant. Clearly the greater the number of vehicles, the greater will be the operational capability, systems and processes expected of the Applicant and hence the necessary resources to deliver and maintain these systems.
