AUTO INDUSTRY NEWS

LTFRB: Uber, GrabCar have until August 20 for accreditation

LTFRB: Uber, GrabCar have until August 20 for accreditation image

Text: Eric Tipan / Photos: | posted August 11, 2015 08:56

GrabCar passes LTFRB accreditation, Uber has yet to complete documents

Uber et al's days are now numbered as the Land Transportation Franchising and Regulatory Board (LTFRB) has marked August 20 as the day they come down hard on vehicles under the online transport system that are still 'unregistered' with the Board.

The LTFRB stresses that no strict deadline has been set but that these companies must get their application papers in order at the soonest possible time.

Under the new framework designed by the Department of Transportation and Communications (DOTC) and the LTFRB, operators must be accredited as transportation network companies (TNCs) and each vehicle under the company be registered as a transportation network vehicle (TNV) and possess a 1-year Certificate of Public Convenience issued by the TNC.

"We are still waiting for other big companies, like Uber, but they have not yet submitted for accreditation. They have been sending communications to finalize it, but that definitely, by the second or third week of this month, they will be sending an application for accreditation," said LTFRB executive director Robert Cabrera Cabrera.

Currently, only GrabCar is accredited as a TNC by the LTFRB.

"By Aug. 20, we will start apprehending vigorously those TNVs, TNCs which are not yet registered. They will be considered 'colorum,'" Cabrera added.