The IT company providing interconnectivity services to the Land Transportation Office (LTO) has welcomed the directive of Secretary Jose “Ping” de Jesus to review its highly criticized Build-Own-and-Operate contract with the agency.

In a statement, Stradcom Corporation said it will cooperate with De Jesus’ s directive to review its IT projects with LTO as part of efforts to pacify transport groups asking the Department of Transport and Communications (DoTC) to junk its dealings with the IT provider.

“Stradcom has always believed in transparency and openness and will provide the new administration of the DoTC with all the necessary information it will require to make a thorough and objective review,” Stradcom's spokesperson Vince Dizon said in a statement.

Stradcom, the exclusive IT provider of the LTO, develops, maintains and operates the existing IT facility and databases of the agency.

According to Stradcom, the revenues of the LTO have increased by three-fold and the efficiency of the agency has improved dramatically upon implementing its computerization project.

Dizon said the DoTC-led review of the LTO-IT system is a welcome development for their company, saying it will help clear Stradcom's image.

“The review to be conducted by the DoTC is a welcome development so that the truth about the LTO IT project will come out. It is sad that many vested groups have tried to tarnish the image of the company and the project to deflect attention from their unscrupulous practices that have preyed on the motoring public for so long. But this also shows that the innovations that the company has introduced is slowly eliminating the illegal activities that some groups have thrived on in the past,” he said.

Stradcom also said that it has nothing to hide, adding that it has been completely transparent and open to any and all reviews conducted in the past.

“We have always believed in transparency and openness as our foundation for doing business. In the end, the truth will come out and we are confident that our technological innovations will speak for themselves,” Dizon said.

A number of transport groups have questioned Stradcom's collection of interconnectivity fee worth P99 for vehicle insurance registrations.

The transport groups have asked De Jesus to stop the computerization program, saying the collection of interconnectivity fee is a mere added burden for vehicle owners.