Definitions for "Certificate of Public Convenience and Necessity"
The grant of operating authority that common carriers receive. A carrier must prove that a public need exists and that the carrier is fit, willing, and able to provide the needed service. The certificate may specify the commodities the carrier may haul, and the routes it may use.
The document issued by the Surface Transportation Board authorizing the operations of a household goods carrier in interstate or foreign commerce.
A certificate issued to an air carrier under 49 U.S.C. 41102, by the Department of Transportation authorizing the carrier to engage in air transportation. ( Airline On-Time Performance Data, Air Carrier Financial Reports (Form 41 Financial Data) )
Authorization from the IURC allowing a company to render public utility service in a given territory, or to construct a new power plant. (In power plant cases, this is commonly referred to as a Certificate of Need.)