Audit and Reconciliation of TNVS Units
- An independent audit of Transport Network Companies’ (TNCs) data up to July 2017 determined a reconciled total of 59,020 accredited TNVS units.
- Many accredited peers had yet to apply for a Certificate of Public Convenience (CPC) due to the prior moratorium.
Revised Common Supply Base Allocation
- Based on the audit and other factors such as unserved demand, color coding, and churning rate, the new common supply base was revised as follows:
- Metro Manila (including MUCEP area): 65,000 TNVS units
- Metro Cebu: 1,500 TNVS units
- Pampanga: 250 TNVS units
Regulations on Accredited Hatchback Units
- Hatchback units are now allowed subject to specific conditions:
- A transition period of three (3) years is provided to enable investment recovery.
- Operations limited to Metro Manila only.
- Prohibited from operating in Laguna, Bulacan, Rizal, and Cavite provinces.
- Required to charge lower fare rates subject to LTFRB approval.
Vehicle Replacement and Substitution Policy
- TNVS applicants may replace, drop, or substitute accredited vehicles with models from 2012 or earlier.
- Such substitutions must be made within ninety (90) days from the circular’s effectivity.
Effectivity and Compliance
- The Memorandum Circular takes effect fifteen (15) calendar days after publication in a newspaper of general circulation.
- Filing of three (3) copies with the UP Law Center was done pursuant to Presidential Memorandum Circular No. 11 (1992).
Legal Authority and Signatories
- The circular was signed by the LTFRB Chairman and Board Members and attested by the Officer-in-Charge of the Office of the Executive Director.
- This reflects official government regulatory action concerning TNVS operations in the Philippines.