Will Licence holders lose tags under the CTS Licence Tag Management Policy?

OBCCTC CTS Licence Tag management Policy – Paragraphs 11-13:

Each quarter, the Commissioner will review the performance levels of all Licensees and withdraw tags from Licensees not maintaining tag performance and/or evidencing a prolonged decrease in tag performance and container movement volumes.

In conducting performance reviews, the Commissioner will utilize the Licensee’s Balance Scorecard as issued monthly by the VFPA, as well as and any other information that the Commissioner may consider relevant.

Should the Commissioner consider reducing the number of tags under a Licence, the Commissioner will provide the Licensee with a warning and a 90 day opportunity to improve tag performance detailed on the Licensee’s Balanced Scorecard.  If, after 90 days, tag performance has not improved, the Licensee will be given reasonable notice of the Commissioner’s intention to withdraw the tags.