- Associated Press - Sunday, February 1, 2015

ATLANTIC CITY, N.J. (AP) - Insurance issues have temporarily put the brakes on a new tram system that will shuttle passengers along the Atlantic City Boardwalk.

B&B; Parking was scheduled to start the service Sunday under the name Boardwalk Transfer. But the company says it learned Friday that it needed a $4 million umbrella insurance policy, and it could not immediately arrange for the coverage.

A company official told The Press of Atlantic City (https://bit.ly/1z0kwyf) that it expects to have the policy in place on Monday and should start the service on Thursday morning. The company says it had a policy that provided for $1 million per occurrence and $2 million in total coverage, which it says were the specifications originally called for in the contract.

B&B; Parking will pay the city a minimum of $126,000 per year for two years to operate five new electric trams.

Company officials have said each tram will seat as many as 15 passengers and will be operated by a driver and conductor. Rides will cost $2 each way and $5 for an all-day pass.



The trams’ start has been delayed by an ongoing lawsuit brought by Brigantine-based JJJN LLC, which was the runner-up during the contract bidding process. It wants the contract voided, claiming B&B;’s bid violated existing city ordinances

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Information from: The Press of Atlantic City (N.J.), https://www.pressofatlanticcity.com

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