LTFRB Accepting New Applicants for TNVS Franchises
Before it cracks down on illegal TNVS units starting September 1
The Land Transportation Franchising and Regulatory Board (LTFRB) is now accepting applicants for new certificates of public convenience (CPC) for those who are interested in getting into the transport network vehicle service (TNVS) business.
As of 8 AM of August 24 last Friday, the LTFRB has begun accepting the online registration of TNVS applications for new CPCs through the LTFRB website. According to agency, it will not receive applications for TNVS franchises unless the online registration is completed, including the date for the actual filing of the application.
The LTFRB noted though that there were fewer applications for new CPCs for TNVS when it resumed its processing last March, despite its prioritization of applicants that were included in the master list submitted by both Grab and Uber.
“Despite the call for application, the Board has taken note of the fact that there have been fewer applications for new CPCs for the primary reason TNVS owners have been unable or unwilling to file applications,” the agency said.
To date, the LTFRB has received 21,878 TNVS applications for new CPCs, 13,816 units of which were issued with provisional authority and 4,925 were issued with CPCs.
Incidentally, the LTFRB’s acceptance of new TNVs comes as the agency is set to launch its operations against illegal TNVS units, specifically those that are operating without franchises.
“Effective Sept. 1, 2018, the LTFRB shall commence an intensive anti-colorum drive versus TNVS operating without authority from the Board,” the LTFRB said in a statement.
As such, the LTFRB wants all TNVS units included in the master list provided by transportation network companies to submit their applications and to secure the necessary provisional authority on or before August 31.