Transport network vehicle service (TNVS) groups yesterday said the easing of the requirements in applying for franchises will enable more TNVS operators serve the riding public and help generate more jobs.
The Land Transportation Franchising and Regulatory Board (LTFRB) Tannounced over the weekend it would no longer require a certificate of conformity (COC) to secure a vehicle franchise — a requirement which the regulatory body determined as a “frequent cause of delay or dismissal of applications” — based on a Board resolution it issued on March 3.
A COC is issued by a bank or financial institution and was required by the LTFRB in certificate of public convenience applications in cases where the vehicle is not yet fully paid.
In a Facebook post, Aylene Paguio, TNVS CommUNITY representative and TNVS Alliance PH chairperson, thanked LTFRB chairman Teofilo Guadiz III and members of the LTFRB Board “for heeding to our call to ease the process of applying for a new Certificate of Public Convenience for encumbered units.”
The TNVS CommUNITY is composed of several of the largest TNVS organizations in the country, such as TNVS Alliance PH, Transport Vehicle Representatives, TNVS Community Council Leaders, TNVS Individual 1 Alliance, Unity of Leaders for TNVS Community, Philippine Metropolitan Transport Group and the TNVS News Community.
In LTFRB Board Resolution No. 05 Series of 2023, the regulatory body said dropping the COC from the application process was part of its “commitment” to comply with the objectives of Republic Act 11032, or the Ease of Doing Business and Efficient Government Delivery Service Act of 2018, which was put in place to curb red tape, streamline bureaucratic requirements and procedures, and expedite business and non-business transaction in government.
“Removing the COC requirement in vehicle franchise application will help ease the burden among the transacting public and give them more convenience in securing that much-needed vehicle franchise,” Guadiz said.
