Some proposed requirements include CCTV cameras, an automated fare collection system, speed limiters and GPS monitors.

[5] While reception among the general populace has been positive,[6] some transport groups have criticized the program as it might lead to losses of jobs and businesses.

[7][8] The program aims to change the current franchising system, revise and introduce new routes and provide education to jeepney drivers.

[12] In January 2018, Metro Manila's Inter-Agency Council on Traffic (i-ACT) launched operation 'Tanggal Bulok, Tanggal Usok', targeting vehicles for environmental and safety violations such as smoke belching, worn out tires and lack of seat belts.

[13] In October 2017, the Land Transportation Franchising and Regulatory Board (LTFRB) and the Department of Trade and Industry (DTI) presented sixteen prototype jeepneys.

Features include: An estimated ₱1.5 billion will be given to transport corporations and cooperatives to purchase new PUVs through the Development Bank of the Philippines' Program assistance to Support Alternative Driving Approaches (PASADA).

[19] A memorandum of understanding with the Land Bank of the Philippines was also signed by the DOTr to set up a ₱1 billion financing for PUJs via the Special Environment-Friendly and Efficiently Driven (SPEED) Jeepney Program.

[22] A study published in the Philippine Transportation Journal stated that a number of expenses were overlooked—such as the setting up of charging stations, maintenance, and vehicle insurance—when the jeepney modernization was piloted in General Santos City.

[24] However, upon the recommendation of Transport Secretary Jamie Bautista, President Marcos extended the deadline up to April 30, 2024, since a large number of franchise holders hasn't consolidated yet.

Their president Obet Martin stated, "it was high time for the country to replace the current jeepneys to more modern and more efficient units".

[41] Senate Minority Leader Koko Pimentel in January 2024 said the high cost of modernization would place drivers in debt and lead to a crisis in transportation.

[44] Youth group Student Christian Movement of the Philippines (SCMP) slammed President Duterte on Independence Day 2021 as a "puppet" enforcing neoliberal policies such as jeepney phaseout.

[45] Kabataan party-list Rep. Raoul Manuel in December 2023 said he hoped that the jeepney phaseout would be canceled to ensure that drivers and small operators would be able to keep their livelihoods.

Jeepney manufacturer Sarao Motors said fares will increase given the high monthly loan amortization that operators will have to pay to banks.

[53] The Land Transportation Franchising and Regulatory Board said that 38,000 drivers could lose their jobs, based on the number of unconsolidated jeepneys as of January 2024.

[54] In a 2023 petition filed before the Philippine Supreme Court, transport groups argued that the modernization plan violated the right of jeepney drivers to gainful employment and livelihood and would result in worsening social inequality in the country.

[60] In October 2023, Senator Grace Poe called on the Department of Transportation to suspend the implementation of the jeepney modernization program amid corruption allegation in the LTFRB.

LTFRB Chair Teofilo Guadiz III was suspended over corruption allegations related to the granting of route franchises.

On the Public Utility Vehicle Modernization Program, the Court further required submission of status updates on consolidating PUV franchises on a per-route basis, on the Local Public Transport Route Plan per locality and the Route Rationalization Plan, and the hearings before the House of Representatives, said SC Court Spokesperson Attorney Camille Sue Mae L.