Taxi licence auction

The Victorian Government collaborated with  the CMD to design and implement a mechanism to allocate new taxi licences. Consistent with the objectives of fairness, revenue and transparency a uniform price auction was designed to allow participants to bid on different licences types and purchase multiple licences using bid schedules.

The CMD worked with the transport agency of the Victorian Government to implement the auction including the information, pre-qualification, bidding, settlement and evaluation processes. This auction achieved revenue expectations and significantly reduced post auction disputes from many hundreds to one.