Subsidization
Description (Specifications)
Subsidization is a method of financialization with special conditions by fulfilling a need of someone else.
Depending on the contract details, in the worst case, it could be some kind of fictitious self-employment.
Standard Gouvermental Subsidization
The government may subsidize larger commercial vessels (built on type 600 hulls or larger), primarily to assure consistent service to specific worlds. These subsidized merchants are generally assigned a specific route connecting from 2 to 12 worlds of varying characteristics. The route will generally be determined before a subsidized merchant is purchased, to allow tailored design features as may be necessary. When a subsidized merchant is ordered, the ship captain must make the 20% down payment, with the government assuming responsibility for the payments upon delivery, and taking 50% of the gross receipts of the ship while in service. The ship captain is responsible for all expenses and costs of operation. [2]
Subsidized merchants are also subject to mobilization (...and use as auxiliaries) in the event of emergency or hostilities. At the end of 40 years, the vessel is completely paid off, and full title passes to the ship captain, but the vessel remains subject to mobilization in case of government need. [3]
Example of Gouvermental Subsidization
| Aashrikan/Rhamsteppe (Zarushagar 1740) | |||||||||||||||||||||||||
| Classic Era (1116) | B765656-B
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| See also | UWP | ||||||||||||||||||||||||
| System Details | |||||||||||||||||||||||||
| Primary | G9 V M4 V | ||||||||||||||||||||||||
| Planetoid Belts | 0 | ||||||||||||||||||||||||
| Gas Giants | 4 | ||||||||||||||||||||||||
Example of an Invitation to bid of Aashrikan (world) including calculations
Invititation of Bid of the Gouvernment of Aashrikan, Renewal of 40 Year Trade Licence
Position 1 - 10
| #. | Category | Requirement |
|---|---|---|
| 1. | QSP: | MKL-FS33-RN- - Ikkusham Light Liner Bullet class TL 14 |
| 2. | Crew Required | Minimal: 8 |
| 3. | Main Duty Description: | Passenger Line Service and Freight Transportation
|
| 4. | Contract Duration | 40 Years |
| 5. | Required documents: | Bank Guarantee of 20%; Qualifications; recomms; certificates; certicate of good conduct; Finance Maturity Level B+ |
| 6. | Contract Value | 156 MCR |
| 7. | Obligation to Issuer | Guarantee and payment to Bank for monthly mortgage payments; |
| 8. | Obligations to beneficiary |
|
Testimonials for the Gouvernment:
For the Ministry of Economic Prosperity Development:
Mastercommissioner Kaagii Ulerku Gishdidumshasgashni , Junior Administrator of Trade, Commerce and Economic Development
Imperial Respresentatives:
Eshin Sikargardukuurgi Gikharkhu, Saarpuhii of Aashrikan
Theodor Maxim Petrov, Iishakku of Aashrikan
Billem Monk Ilinlilakhadi, Kiduunuuzi of Aashrikan
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Tukera Model
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History & Background (Dossier)
- ↑ "Jump Map API" and map location from Travellermap.com