• Costa Rica Real Estate

Riteve vehicle inspection rates not going up

November 20, 2015

The cost of getting your vehicle inspected in Costa Rica will not be going up next year, despite attempts to raise the charge more than 200 percent.

The Public Services Regulatory Authority (ARESEP) rejected Spanish private contractor Riteve SyC‘s request to increase rates for mandatory vehicle inspections — for the 10th consecutive year.

Riteve had asked for a 205 percent hike in inspection rates, but ARESEP again argued that it was impossible to evaluate the request because Riteve failed to explain how the proposed rates were calculated.

That is the same answer the agency has given to all Riteve’s requests since 2005, the year it approved the last increase in rates.

Riteve spokeswoman Jennifer Hidalgo said Friday that the company had received ARESEP’s notification, but she declined to address the rate hike rejection. “The company has already expressed its position regarding our petition to ARESEP,” she said.

Riteve has said in the past that its contract with the Costa Rican government states that the Public Works and Transport Ministry is responsible for defining the rate-setting model, but that MOPT has failed to do so.

Earlier this week, Riteve officials said that if the regulatory agency had approved all of the company’s previous rate hike requests, this year’s proposed increase would have been just 1 percent, equivalent to ₡287 ($0.50).

See the full list of RTV rates by vehicle type here.

You may be interested

Pic of the Day: It’s beginning to look a lot like Christmas in Costa Rica
Pic of the Day
29 views
Pic of the Day
29 views

Pic of the Day: It’s beginning to look a lot like Christmas in Costa Rica

The Tico Times - December 13, 2019

It’s that time of the year again – when there is absolutely no chance of a white Christmas in Costa…

Costa Rica will receive its first Airbus A350 today
Costa Rica
1208 views
Costa Rica
1208 views

Costa Rica will receive its first Airbus A350 today

Alejandro Zúñiga - December 13, 2019

Friday morning, passengers flying between Spain and Costa Rica boarded one of the industry's most modern airplanes. Spanish flag-carrier Iberia…

President Alvarado signs technical norm, essentially legalizing therapeutic abortion in Costa Rica
Costa Rica
461 views
Costa Rica
461 views

President Alvarado signs technical norm, essentially legalizing therapeutic abortion in Costa Rica

Alejandro Zúñiga - December 12, 2019

Costa Rica's president, Carlos Alvarado, has signed a technical norm that defines when the country's medical professionals can legally perform…

Do NOT follow this link or you will be banned from the site!