Easing of LTFRB’s franchise requirements to translate to more jobs — TNVS group
A group of Transport Network Vehicle Services (TNVS) drivers and operators has welcomed the Land Transportation Franchising and Regulatory Board’s (LTFRB) decision to ease the requirements in securing a vehicle franchise as this will translate to generation of more jobs for the transport sector.
In a statement released Tuesday, TNVS CommUNITY representative and TNVS Alliance PH chairperson Aylene Paguio lauded the LTFRB’s decision to remove the certificate of conformity (COC) as a requirement in securing a vehicle franchise or certificate of public convenience (CPC).
“With this favorable development, our dream of reliably serving the riding public and generating more jobs for the Filipinos with ease is a step closer to turning into reality,” she said.
Over the weekend, the LTFRB announced it removed the COC —which is issued by a bank or financial institution — as a requirement in securing a CPC as part of the agency's commitment to comply with the tenets of Republic Act 11032 or Ease of Doing Business and Efficient Government Delivery Service Act of 2018.
In its Resolution No. 5 Series of 2023, the LTFRB said that after careful evaluation, it deemed that requiring a COC was seen as a "frequent cause of delay or dismissal of applications."
A COC was required by the LTFRB in CPC applications in cases wherein the vehicle is not yet fully paid.
The TNVS CommUNITY, meanwhile, is composed of several of the largest TNVS organizations such as TNVS Alliance PH, Transport Vehicle Representatives, TNVS Community Council Leaders, TNVS Individual 1 Alliance, Unity of Leaders for TNVS Community, the Philippine Metropolitan Transport Group, and the TNVS News Community.
In removing the COC requirement, Guadiz said the LTFRB is hoping to “help ease the burden among the transacting public and give them more convenience in securing that much-needed vehicle franchise.” —VAL, GMA Integrated News