Monetary Consideration
Monetary Consideration : The consideration paid by the public body to the private or public seller of transportation service (private/public carrier). The monetary consideration may include any of the following: cash reimbursement of a private/public carrier's operating deficits; predetermined cash payments to the private/public carrier for specific mass transportation services provided; cash reimbursement to the private/public carrier for reduced fare programs specified by the public body (e.g., for students and for the elderly and persons with disabilities); or vehicles given, sold, loaned or leased by the public body to the private/public carrier at or below market value
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