Ukrgasbank JSC has offered the most favorable terms of financial leasing of 200 buses to Kyiv

Kyiv City Council granted permission to Kyivpastrans KP to conclude a financial leasing agreement for the purchase of 200 new buses.

“This is an extremely important solution that will allow for the purchase of 80 large capacity buses (not less than 11.9 meters long) and 120 especially large ones (not less than 18.5 meters long). The lease term is 36 months from the date of signature of the first act of acceptance-transfer, but not later than December 31, 2023. The cost of leasing is up to EUR 50 million 720 thousand including VAT in UAH equivalent at the official hryvnia to Euro exchange rate to be set by the National Bank of Ukraine on the date of delivery of each individual bus. Advance payment – no more than 20% of the value of the subject of financial leasing, including VAT. Compensation of interest – no more than 11.5% per annum », – said the first deputy chairman of the KSCA Mykola Povoroznyk at the session.

According to him, today in Kiev there is an urgent need for buses. After all, a significant number of the rolling stock of KP “Kyivpastrans” is made up of buses with a service life of more than 10 years. The depreciation of the bus fleet of the utility is 75.2%. At the same time, the objectives of the Kyiv Development Strategy until 2025 are to reduce wear and tear to no more than 25%.

It is planned to purchase buses with the following general characteristics for proper passenger transportation:

the low level of the floor is 100%;
adapted for the service of all passengers, including persons with disabilities (platform for placing and fixing the wheelchair in each bus, ramp or folding ramp in the door for the entry of the wheelchair at least one);
diesel, compliance with environmental standards not lower than EURO-5;
the cabin is separated from the cabin by a partition dividing the front door into two parts;
equipped with air-conditioned salons and cabins;
have certificates of type of completed production issued by the authorized body of Ukraine and certificates of conformity of completed production issued by the authorized body of the manufacturer;
equipped with cables for the installation of positioning system and automated travel system (ASOP, ASDU).

Recall that, given the budget constraints, financial leasing is currently the only tool for updating the rolling stock of KP “Kyivpastrans”. PJSC JSB “Ukrgasbank”, 94.94% of which is state-owned, offered the most favorable terms of financial leasing.

According to the decision of the Kyiv City Council, KP “Kyivpastrans” must agree new financial obligations with the EBRD. Also, the Department of Transport Infrastructure of KSCA was instructed to include in their budget requests for the reimbursement of leasing costs when submitting budget requests to the city budget projects for 2021-2024.