THE LAND Transportation Franchising and Regulatory Board (LTFRB) is opening applications for public utility buses and jeepneys that would ply routes to and from the newly-inaugurated Parañaque Integrated Terminal Exchange (PITX).
Memorandum Circulars No. 2018-024 and No. 2018-025, published in newspapers on Wednesday, outlined the requirements for the public utility vehicle license.
There will be four PITX routes for buses with 15 units each, going to and from the following: Ninoy Aquino International Airport (NAIA); Bonifacio Global City in Taguig via NAIA Expressway; Ayala, Makati City via Buendia; and Lawton in Taguig via Roxas Boulevard.
For jeepneys, there will be two routes with 20 units: Barangay Paliparan, Dasmariñas, Cavite via Molino; and Dasmariñas City, Cavite via Aguinaldo Highway.
Applicants for a Certificate of Public Convenience (CPC) must submit documents proving legal, technical and financial qualification, among which are the proof of financial resources of at least P8 million for buses and P2 million for jeepneys, and financial projections for the first five years of operations.
Based on the guidelines, qualification documents must be submitted by 2 p.m. on Jan. 11, 2019. These will be evaluated within seven days by the pre-qualification committee chaired by LTFRB Executive Director Samuel Aloysius M. Jardin.
The PITX, a P2.5-billion terminal built by Megawide Construction Corp. subsidiary MWM Terminals, Inc., was opened in early Nov. and has seen increasing foot traffic up to more than 36,000 as of Dec. 17, based on data presented by the DoTr yesterday.
The terminal is intended to ease passenger movement from the south to Metro Manila, but there have been numerous complaints on the lack of public transport going into the capital. — Denise A. Valdez