WebAfter registration, the FMCSA will require: For brokers of property: A surety bond (Form BMC-84) in the amount of $75,000. BMC-84 Freight Broker Bond form. For brokers of … WebFederal Maritime Commission Washington, DC. 20573 Surety Bond Principal: NVOCCs and OFFs applying for OTI license with the FMC ... There are different types of NVOCC bonds, depending on the type of license that you are applying for. These are: $50,000 bond for OFFs (+$10,000 for every additional unincorporated U.S. branch office)

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WebFOREIGN ENTITY NVOCC LICENSE BONDS AND INSURANCE By leveraging our relationships with the surety and insurance companies, we are able to procure bonds and insurance for our clients at competitive premiums. The bonds and insurance is serviced under our d/b/a Paramount Global Insurance Services. WebProof of valid OTI surety bond; Background and criminal record information about the OFF’s principals; Submit the license application fee of $250.00 along with the completed application to the FMC. Note that if your business is not based in the US, the only licensing option is a NVOCC license. See the FMC’s OTI licensing page for more ... handheld automatic tapping drill

What Is a Federal Maritime Commission Surety Bond?

WebNVOCC OTIs that do not have an active Form FMC-1 on file with the Commission are not considered to be in compliance with regulatory requirements, and therefore, are not … Webare required to obtain a license from the FMC (if a U.S.-based company) are required to submit proof of financial responsibility for payment of claims (46 CFR Part 515 Subpart C) (arising from its transportation-related activities are required to publish a tariff The UWL Team of Experienced Compliance Specialists WebThe LICENSE BOND TABLE lists firms have posted a surety bond in order to obtain a PACA license. These firms or principals of the firms were involved with a bankruptcy within the past 3 years. These bonds are held for 3 years plus 9 months. Bond Requirements. bush dled40fhds