The National Transport Authority will reveal later today the result of an open tender for five bus routes in the Waterford area traditionally held by Bus Éireann.
Result of tender due over Waterford bus routes
The move is part of a Government commitment to open 10% of bus routes to the private sector operators - writes rte.ie.
Until relatively recently,Bus Éireann had a virtual monopoly on regional bus services, though its unsubsidised Expressway service has faced mounting competition on intercity routes.
The Government commitment to put 10% of routes out to tender is potentially good news for private operators, but potentially bad news for the incumbent Bus Éireann.
This afternoon, the National Transport Authority will reveal which company or companies will run Waterford city services - the first tranche of routes to be put up for open bidding.
If Bus Éireann loses some or all of the routes, it will face issues including surplus staff and infrastructure in the region.
A further round of tenders for commuter services between Kildare and Dublin will be finalised in the first quarter of 2018.
The move comes as Bus Éireann continues to struggle for financial viability, with the current estimate for losses this year running at €13 million.
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