Monday, October 18, 2021

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22 GenSan PUVs Tapped For ‘Libreng Sakay’ Program

22 GenSan PUVs Tapped For ‘Libreng Sakay’ Program

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The Land Transportation Franchising and Regulatory Board (LTFRB) has tapped some 22 public utility vehicles (PUVs) here for the second phase of its “Libreng Sakay (free ride)” program, an official said on Wednesday.

Paterno Reynato Padua, LTFRB-Region 12 director, said they formally started on Tuesday the 45-day free rides for front-line health care workers and authorized persons outside of residence (APORs) in the area.

He said they contracted local transport cooperatives to serve various routes within the city’s 26 barangays and nearby localities, which is served by a total of 213 assorted PUV units.

“As expected, the passengers are not yet that many as we have just started the program so we have expanded the information dissemination to the target riders,” Padua said in a radio interview.

Under the program, he said they signed service contracts with cooperatives operating assorted PUVs for the established routes based on the approved payout scheme.

For buses, the official said the daily rate is PHP82.50 per kilometer (km) while the lower mode units get PHP52.50/km.

“The contract is for per kilometer run. The PUVs will receive the rates per kilometer regardless of the number of passengers that they would serve,” he said.

Padua said the accredited transport cooperatives will determine and set the income sharing with the drivers, which in some cases are pegged at 70-30 ratio and with the expenses already deducted.

He assured that the upcoming payouts will be smoother when compared to the first phase, which was funded under Republic Act No. 11494 or the “Bayanihan to Recover as One Act (Bayanihan 2).”

The release of payments for the rendered services in the initial phase was delayed after Bayanihan 2 ended last June 30, he said.

But for the second phase, Padua said the funds will be coming from the national budget or the General Appropriations Act.

Since the program’s implementation will end before December, he said the cooperatives and their office will have enough time to work on the liquidation of the funds.

“Part of the funding for the second phase will be downloaded to the regional office and once they are available, we will make the payouts,” he said. (PNA)

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Spotlight

How A Bajaj Three-Wheeler Turned A Former Snack Vendor Into A Big Time Franchisor

SPOTTED: Find out the shared story and secret of this businesswoman who turned her three-wheeler Bajaj into a one-of-a-kind source of income.

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For first-time investors, check out this step-by-step guide on how to turn your savings into big-time investments! Learn about which industries are turning into sound investment options and which companies offer the best choices for beginners. Plus, an insider tip on the hottest preferred share offering in the market today from Megawide Construction Corporation that you shouldn't miss out on!

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