Certificate of public convenience and necessity
Regulatory compliance certification for public service industries
A certificate of public convenience and necessity or certificate of public convenience is a type of regulatory compliance certification for public service industries. Private companies wishing to provide essential public services in certain countries must be granted a CPCN before constructing facilities and offering services.
01Philippines
In the Philippines, a certificate of public convenience (CPC) is required for private provision of public services for which no franchise, either municipal or legislative, is required by law, such as a common carrier.
02United States
The first U.S. state statutes for certificate of public convenience (CPCN) were issued in 1870, and the U.S. Congress included a certification provision in U.S. federal law in the Transportation Act of 1920. Examples of industries requiring a CPCN from a U.S. state include the provision of telecommunications in New York state, transportation of natural gas in Alaska, and a range of public services in Illinois.
Sources and credits
This article is adapted from the Wikipedia article “Certificate of public convenience and necessity”, written by its contributors and licensed under CC BY-SA 4.0. Fathomly has changed the layout, removed citation markers, navigation and maintenance notices, and adjusted punctuation. This adapted version is shared under the same license. For references, see the original article.
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