LTFRB Route Rationalization until August 15, 2014 only
Memorandum Circular No. 2014-010 was issued by Land Transportation
Franchising Regulatory Board (LTFRB) last July 09, 2014 to give the Public Utility Vehicles (PUB) Operators the opportunity to adjust the routes covered by their Certificate of Public Convenience (CPC) or most commonly known as franchise.
To avail of the benefits of the said MC No. 2014-010, the concerned operator must file a Petition for Modification of Route before the LTFRB Regional Offices if the route concerned is within a specific region (Intra- regional route) or before the LTFRB Central Office in East Avenue, Quezon City if the route involved two or more regions (Inter-regional route).
The deadline for the filing of the Petition is on August 15, 2014 and in addition to the standard filing fee, a Modification Fee of P10,000.00 per unit for Intra-regional Route and P20,000.00 per unit for Inter-regional Route shall be imposed.
For more detailed information, you may refer to attached copy of LTFRB MC No. 2014-01.
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