The city of Chicago is set to pay more than $76,000 for a study that will look into cab fares. The study could result in a rate hike, says one alderman.
Nelson\Nygaard Consulting Associates, a San Francisco consulting firm, will be paid to do a "taxicab industry study-rate of fare,” reports Fran Spielman of the Chicago Sun-Times. The firm is being charged with studying the taxi fare rate and will be required to give "written recommendations on the rate of fare, based on, but not limited to, comparisons with other jurisdictions and taxi industry best practices."
Depending on the outcome of the study, Ald. Anthony Beale (9th) says a fare increase may be necessary.
“If the study comes back and says that everything we’ve put in place was not enough, it may be time to give them an increase,” the chair of the city council's Transportation Committee, told Spielman. If a rate hike were to take effect, it would be the first in eight years.