File for New Authority
The surface transportation of most manufactured goods in interstate or foreign commerce is subject to federal regulations which require carriers, brokers, and freight forwarders to obtain authority before commencing operations.
In addition to completing and filing an application with the FMCSA, an applicant is required to pay a filing fee of $300.00, to obtain and file evidence of insurance or bond and agents for service of process.
- Motor carriers are required to file evidence of public liability insurance (PI and PD)
in the amount of $750,000, $1 million or $5 million depending upon the authority they seek.
Designation of agents must be filed on Form BOC-3 - Visit Service of Process Agents, Inc. at
www.BOC3NOW.com.
Household Goods motor carriers must file evidence of cargo insurance on Form BMC-34.
- Brokers are required to post a surety bond (form BMC-84) or a bank trust
agreement (Form BMC-85) in the amount of $10,000 to ensure that the services
they arrange are provided. In addition, agents are also required to file a
designation of agents (Form BOC-3). More information on bank
trust agreements can be found at Service of Process Agents, Inc.
http://www.processagents.net/property_broker_trust_fund_info.html
- Freight forwarders are required to file evidence of liability and cargo insurance along with designation of agents on Form BOC-3.
In addition to the insurance and agent requirements discussed above, new carrier applicants must complete and file Form MCS-150 within 90 days of commencing operations. (See 49 C.F.R. §385.20.) This form can be filed online at www.safersys.org. The MCS-150 is required to be updated every two years.
Our firm specializes in helping new entrants complete and process the requisite Federal applications and filings. In addition, business advice concerning whether to conduct operations as a proprietorship, partnership, or a corporation is also offered.
The following documents track the information required by the FMCSA in completing an application for new authority. Carriers, brokers, or freight forwarders wishing to retain the firm to assist in the application process should complete the appropriate forms and send them to Attn: Henry E. Seaton, Fax: 703-573-9786. If you have any questions, please contact Mr. Seaton at 703-573-0700 (x12).
FILE FOR YOUR AUTHORITY AND BOC-3 FORM!
For a printable version, click here.
(703) 573-0700