Preventive Maintenance of Light Rail Transit Line 2 (LRT-2) It is required that the range of rolling stock types and related subsystems makes maintenance of the rolling stock and system operation more complicated than it would be for a typical railway system. However, the LRTA is making every effort to keep up the needed level of service by contracting out all subsystem maintenance. In the Philippines, only the public sector has operated the railways, and the private sector lacks the specific knowledge and experience needed to operate an urban railway. It is possible for the private sector to operate the entire line of both existing and extended portions, though, if participation of the private sector from other nations such as Thailand and Malaysia and other countries where the PPP schemes have been introduced is opened and made available.The form of the project that can expect the greatest efficiency and improvement in the profitability of the railroad enterprise management, as well as minimize disadvantages, is the transfer of operations from the LRTA to a private sector company. As for the potential forms of the project, this Study made a comparative evaluation, starting with a case where LRTA only operates and maintains Line 2, followed by a joint venture formation between LRTA and a private sector company. Table 1: Operations and Maintenance Comparison O&M Entity LRTA as the sole Operator Advantages · Continuity of operations secured · Possible to mobilize O&M experience and know-how within LRTA · Human resources effectively mobilized · Possible stable and continuous railway Disadvantages · Possible high O&M expenses compared with that of private sector · Lower incentives to seek managerial efficiency and improve profitability · Longer processing duration for spare parts procurement operations with an improved financial position J/V between LRTA and a private sector · Securing operational continuity · Possible to mobilize O&M experience and know-how within LRTA · Human resources effectively mobilized · Possible stable and continuous railway operations with an improved financial position · LRTA can provide operation and managerial skill, experience and necessary man-power and it will make it easy to attract private companies who don’t have railway managerial skill and experience. · May not be easy to demonstrate the advantages of having a private sector when their stake is too limited. · Form, organization structure, and management of J/V become complicated, thus LRTA and private sector may not effectively participate. · Higher managerial efficiency and improvement of profitability with private sector participation · Possible swift procurement when such operations falls on J/V responsibility Private Sector as the Sole Operator · Higher managerial efficiency and improvement of profitability with private sector participation · Possible swift procurement when such operations falls on J/V responsibility · From a job security point of view, Employment of all LRTA staff by the private company can be arranged in the concession contract. · Difficulty in securing the continuity of operations · Not able to mobilize LRTA’s experience and know-how on operations and maintenance Source: Study Team Funding and Revenues of Light Rail Transit Line 2 (LRT-2) Railways are a sustainable and efficient way to transport people and goods. They are becoming increasingly important in the transport policies of many countries. However, the infrastructure and the high demand for maintenance create additional costs for railway operators (Mario et. al., N.D). To overcome these challenges, several factors must be taken into account such as considering the transit line’s ridership, revenues, and current maintenance plan. According to LRTA’s Accomplishment Report (2022), the Light Rail Transit Line 2 (LRT 2) had a ridership of 31.64 million in 2022, which is 167% higher than the ridership of 11.84 million in 2021. The relaxation of COVID-19 protocols to Alert Level 1 in March 2022 was a major factor in this increase. With Metro Manila under Alert Level 1, LRT 2 was able to operate at full capacity (1,307 maximum passengers per train) compared to the previous year when it was limited to 20-30% capacity (274 maximum passengers per train) due to physical distancing requirements. As a result, the increase in ridership led to an increase in revenue, with total revenues reaching PHP 1,074.17 million in 2022, which is 61% higher than the revenues of PHP 667.56 million in 2021. Overall, the LRTA's financial performance in 2022 was strong, with total revenues increasing by 61% over 2021. The easing of COVID-19 procedures and an increase in student ridership were just a few of the variables that contributed to the increase in revenue. Light Rail Transit Line 2 (LRT-2) Performance and National Transportation Safety Board Based on an independent evaluation of itself as a whole, the Light Rail Transit Authority received an average rating of 84.09% in its most recent annual report (2022). To meet the Commission's criteria for a weighted average of 90.00%, the result was short by 5.91%. A Performance Scorecard, which converts the Strategic Objectives in the Strategy Map into vital success indicators as the foundation of the agency's performance, is required of the Authority in order to determine its organizational goals. Table 1. LRT-2 2022 Performance Scoreboard The preceding years were included in the table that represented the Performance Scoreboard for Line 2 of the Light Rail Transit in 2022. The table includes various categories, including Social Impact, Customers and Stakeholders, Internal Process, Financial, Learning and Growth, and Internal Process. Following the successful completion of all rehabilitation projects in 2022, the Agency has demonstrated a considerable improvement in its project completion rate this year as compared to the previous year. The Authority beat its previous benchmark of finishing just (1) one project in 2021. Various projects that aim to enhance the performance of LRT Line 2's service have been successfully implemented and completed related to the combined efforts of the men and women of LRTA. Train Service The train service has continued to run well throughout the year after the restoration work for Train Set Nos. 18 and 13, which were damaged in the collision on May 18, 2019, was finished. The number of LV/Cars trips during peak hours and train km-run have increased by 50% and 41%, respectively, as a result of the whole-line operation from Recto to Antipolo. Table 2. Comparative Status of Trains Running 2022 VS 2021 In addition to the extra RVs and automobiles running at the pace, the system was able to accommodate the increase in ridership. The improved headway decreased pager wing time by up to three minutes. The increase in service interruption in 2022 compared with 2021 was mainly due to the Line's aging trainsets and other systems. Table 3. Comparative Headway and Service Interruption CY 2022 VS 2021 Load Factor In cases where compared year over year, the average load factor for 2022 was 70.2% higher than it was for 2021 (32.13%). The LRTA was permitted to expand the maximum passenger capacity inside the train from 274 people per train to 1,307 passengers in 2022 since Metro Manila was given the Alert Level 1 designation in March of that year. For a comfortable journey, the suggested load factor for LRT 2 is between 44% and 65%. Figure 1. Average Load Factor Comparative (2021 vs 2022) National Transportation Safety Board The entire major occurrence involving civil aviation in the United States as well as significant occurrences involving other modes of transportation, including railroad, transit, highway, marine, pipeline, and commercial space, are subject to investigations by the independent federal agency known as the National Transportation Safety Board, which was given this responsibility by Congress (National Transportation Safety Board, 2023). As stated by Camus (2021), lawmakers have been encouraged to complete a measure establishing an impartial commission to look into transportation-related accidents and destroy a long-standing system rife with conflicts of interest and other dubious practices. The National Transportation Safety Board has bills approved in both houses of Congress, and advocacy group Safe Travel Alliance stated in a media briefer that the moment is "ripe for immediate passage."The Philippine Transportation Safety Board (PTSB) would be tasked with coordinating all the actions of pertinent public and private entities toward the common goal of ensuring transport safety, in addition to holding regulatory, investigative, and fact-finding responsibilities, claims Valmonte (2022). A coalition of foreign business groups supported the passage of the measure creating the PTSB.The chair of the advocacy group Commuters of the Philippines, Julius Dalay, stated in a paper written by Cabico (2019) that the occurrence is a call for a stronger management structure and that a National Transportation Safety Board should also be in existence to objectively investigate transportation-related issues. The US NTSB is a federal organization that looks into "every civil aviation accident in the United States and significant accidents in other modes of transportation railroad, highway, marine, and pipeline," according to the agency's website. In addition to conducting an investigation, the agency issues safety recommendations to avoid repeat incidents. The establishment of a Philippine NTSB, which will undertake independent investigations into transportation incidents, assist safety initiatives, and evaluate operational procedures of government agencies engaged in the transportation sector, was supported by three Senate committees.