65°F
weather icon Cloudy
Ad 320x50 | 728x90 | 1200x70

It’s official: Uber, Lyft file applications for Nevada

Ride-hailing companies Uber and Lyft have applied to be licensed as transportation network companies in the state.

The two San Francisco-based companies each submitted applications that arrived at Nevada Transportation Authority offices on Friday. Lyft submitted its paperwork by mail to the Las Vegas office and Uber delivered it by courier to the agency’s Reno office.

While the Lyft application hadn’t been processed late Friday, Transportation Authority Chairman Andrew MacKay said the Uber application plans 7,000 vehicles. The proposed Uber rate is $2.40 for the hire, $1.85 a mile and 30 cents a minute.

Under the terms Uber has applied, it would be required to pay a $500,000 application fee, MacKay said.

MacKay said the Transportation Authority would review the two applications and consider their approval at a future board meeting, probably in September.

The two companies lobbied the Nevada Legislature for a law to operate legally in the state after the Transportation Authority impounded Uber vehicles when the company attempted to operate for about a month in October and November.

The Legislature approved the bills legalizing transportation network companies and they were signed into law in late May by Gov. Brian Sandoval.

Since the signing, regulations governing operations have been on a fast track by the regulatory agency and on Monday, the Legislative Commission pre-approved regulations drafted by the authority.

Contact reporter Richard N. Velotta at rvelotta@reviewjournal.com or 702-477-3893. Follow @RickVelotta on Twitter.

 

 

Don't miss the big stories. Like us on Facebook.
MORE STORIES
THE LATEST
Opening date set for Henderson’s newest hospital

Valley Health System says the new hospital serving West Henderson will open with 150 beds but has been master planned to expand to 450 beds.

Walmart becomes latest company to roll back its DEI policies

Walmart, the world’s largest retailer, is rolling back its diversity, equity and inclusion policies, joining a growing list of major corporations that have done the same.

Neon Museum’s La Concha move request delayed

A $2.1 million funding request from Neon Museum officials to help move its historic mid-century building was delayed following a two-hour discussion of the plan.