LTFRB to Approve Over 1,000 TNVS Applications
The Land Transportation Franchising and Regulatory Board (LTFRB) is set to release 1,130 Certificates of Public Convenience (CPC) to transport network vehicle services (TNVS) applicants within the next two weeks, following an order from the Anti-Red Tape Authority (ARTA) for it to automatically approve all valid TNVS applications, specifically those who have submitted the required documents, paid the necessary fees, and heard by the agency from July 7, 2018, to July 24, 2019.
In a message sent to reporters, the LTFRB said it has so far released a total of 5,061 CPCs to aspiring TNVS drivers and operators since the inception of TNVS in the country.
A total of 1,437 CPCs are in the process of being signed by the LTFRB.
As of August 14, the LTFRB said it has issued a total of 46,583 provisional authorities (PA) to TNVS applicants.
A CPC is a document issued by the LTFRB that allows for the legitimate operation of a TNVS and is valid for two years, subject to renewal after its validity.
Before a CPC is issued, a TNVS operator may be given a PA, which temporarily allows the operation of a TNVS and has a validity that has recently been extended from 45 days to 90 days.
In a summary of findings and recommendations by the ARTA on the LTFRB's processing of TNVS applications, the anti-red tape body recommended the validity of a PA to be extended further to one year or have no expiration at all subject to the good standing of the holder of the PA as a public transport operator.