The Land Transportation Franchising and Regulatory Board (LTFRB) on Monday reminded the public that while school transport operators must hold valid franchises, the agency does not regulate their fare rates.

This comes following reports of potential fare overcharging ahead of the upcoming school opening.

“The franchise for school transport services is under the LTFRB. All those who want to engage in this kind of transport service must have a valid franchise from our office,” LTFRB National Capital Region director Zona Tamayo said in a radio interview.

“At present, with respect to the fare matrix, we do not have a matrix like those for buses, jeepneys, or UV Express,” he added.