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How much does a private school bus cost?

The Information Notice Board for School Bus Services (IBSB) is a platform for schools to invite bids for the provision of school bus services. This one-stop portal allows bus companies and individual school bus operators to view and participate in bids on a competitive basis, based on their understanding of individual schools’ requirements and needs. Schools will award contracts to the bus operators who can best meet the needs. The IBSB provides details of school bus operators and the bus fares charged. This provides more transparency and useful information for both parents and bus operators.

Currently, 63 schools have participated in this enhanced process of using IBSB to invite competitive bids and publish of information on bus services. More schools will use IBSB over time.

Payment Schedule for Bus fares

It is an industry practice to charge school bus fares on 12-month basis. Parents are also required to pay fees in advance in January (for December), in May (for June) and in October (for November). This has given rise to confusion and financial hardship for some parents. Under the enhanced process, a 9-month payment schedule has been introduced to spread the yearly total amount equally over 9 payments from Jan to May, and July to September. No payments will be required for the months of Jun, November and December.

Parents pay the same total amount for a year whether they are on the 9-month or 12-month payment schedule. The example below shows how the total annual fees of $1,080 are collected through these two payment schedules:

Capture 300x279 How much does a private school bus cost?

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