Adrian Stott wrote:
> Will Chapman <[EMAIL PROTECTED]>

>> So you have said many times before. Personally I think it is 
>> worth another shot. On what grounds do they justify increases
>> above inflation. The cost of running a mooring doesn't increase
>> beyond inflation each year.
> 
> Why should the price of a mooring bear any relationship to inflation?
> 

Because that is all the BW can justifiably expect to increase
the cost on a year to year basis.

> That price will depend on supply and demand.  At present, demand
> exceeds supply, 

Not everywhere. And doesn't BW auction bear that out so far? Not
all moorings offered got bids.

> 
> I would expect that to be the basis of BW's defence in any Ombudsman
> complaint.  And I would expect BW to be successful.  
> 

That surely depends on what the complaint is. It is certainly not
part of BW's charter to inflate the mooring market. That is what 
they will do for each mooring they auction off at a price higher
than other moorings in the area. By setting higher prices than
exists already in any given are, BW is setting the market value 
not following it. That would be the substance of any complaint
I made.

> For mooring prices to come down, there will either will have to be
> more moorings, or fewer boats on the water.  But at present the number
> of boats is continuing to increase, and creation of moorings is AIUI
> not keeping up.

You keep saying that I keep seeing marinas being built all over
the place (and some in places where they would be better off 
being else where).
> 
> Steve Wood <[EMAIL PROTECTED]> wrote:
> 
>> Can I suggest that BW have very effectively blown that myth away by 
>> refusing to let moorings which don't reach their arbitrary unpublished 
>> reserve in the recent moorings tender process.
> 
> Of course you can suggest it.  But you would be incorrect.  
> 
> The reason BW has a reserve price on its moorings is that it is (most
> unfortunately) insisting on sealed bidding in the moorings auctions.

I don't think it has anything to do with that. I'd bet money that
they have put a reserve on because they don't want to be obliged 
to let a mooring go at a price that is substantially below what 
they feel is market value. Interesting that isn't it. They get a
bid that is below the reserve but rather than take some money 
they are happy to leave the mooring unused and earning no money
at all. That might even be another ground for complaint to the
Ombudsman - BW are not taking all opportunities to raise the
maximum amount of income from their assets.


-- 



Will Chapman
Save Our Waterways
www.SaveOurWaterways.org.uk

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