TMC Fees
-
About TMC
fees
- New
fee structure for Monash from July 2007
- About transaction fees
-
Fees for HRG
's services
- Fees
for Voyager's services
About TMC Fees
Monash University pays fees to
a Travel Management company ( TMC ) for the services they provide.
Traditionally, this has been a management fee
that is a set percentage of the net fare. This has been the case
in the past with former providers (AMEX and Kistend Travel) and more
recently with HRG
Australia.
New fee structure for Monash from July 2007
With the introduction of Voyager
Travel Corporation in July 2007, Monash University has opted to move
to a transaction fee model whereby we will pay
set fees for particular service types. This is deemed to be a fairer
system whereby the fee is linked to the time required to deliver
the service rather than to the cost of the ticket. Many corporate
organisations in Australia and the world are adopting a flat transaction
fee model.
Note:
Although Monash originally had a management fee model with HRG, this
will also change to transaction fee model from July 2007.
About transaction fees
Transaction fees depend on the level
of service provided and can vary according to the provider. The fees
for Monash University have been set between university and provider
in a covering agreement. In simple terms, the cost of an international,
consultant assisted booking is higher than for a domestic, consultant
assisted booking. If you book your ticket online yourself then you
would expect the fee to be lower again and this is the case with
our agreements with HRG
and Voyager.
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