Diamond Bus North West

[Winston]

RE: Diamond Bus North West

(21/10/2019 04:07)Mayneway Wrote:  Surly things like cost of renting vehicles and when it would be paid would have been negotiated at the point of sale/takeover?? The fact management at Diamond are sat back waiting for an invoice suggests they potentially don’t even know how much First are charging them per vehicle.

As regards to the First vehicles, are they deemed as leased or hired?? Who maintains them, MOT’s them etc. Did First cancel the vehicle tax for each bus on takeover day and diamond then retaxed them?

Or course rates have been agreed at the point of sale, otherwise Rotala will be giving First an open cheque book. Sat back waiting for an invoice suggests nothing of the sort! A business doesn't pay for anything until an invoice has been raised, you need an invoice number to make the payment against.

I'd be more concerned with why after 2.5 months, First Manchester still haven't got around to asking for the rental money they're owed, especially considering the position the group is in with debt etc.