Get the free FMCSA Form BMC-85 - Federal Motor Carrier Safety Administration
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Ste. 200 CA 92130 San Diego 800 595-2615 Daniel J. Larson CEO Principal officer s signature Calvin Butler Amanda Dietlin Witness signature Only financial institutions as defined under 49 CFR 387. DocuSign Envelope ID C1F7C44C-FC79-431B-A071-5CB3651C1585 FORM BMC-85 Revised 03/11/2014 OMB No. 2126-0017 Expiration 02/28/2017 A Federal Agency may not conduct or sponsor and a person is not required to respond to nor shall a person be subject to a penalty for failure to comply with a collection of...
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How to fill out fmcsa form bmc-85
How to fill out fmcsa form bmc-85
01
To fill out FMCSA Form BMC-85, follow these steps:
02
Obtain a copy of FMCSA Form BMC-85 from the official FMCSA website or a trusted source.
03
Read the instructions provided with the form to understand the requirements and the purpose of the form.
04
Begin by filling out the top portion of the form, which includes the legal name and address of the surety company or trust fund.
05
Provide the surety company's FMCSA-assigned number or the trust fund's Internal Revenue Service (IRS)-assigned number.
06
Specify the type of surety/financial instrument being offered, such as surety bond, trust fund agreement, or self-insurance.
07
Fill in the effective date and ensure it is accurate and valid.
08
Enter the expiration date of the surety/financial instrument being provided.
09
Include the name, title, and contact information of the surety company or trust fund representative submitting the form.
10
Carefully review all the information provided and make any necessary corrections or amendments before submitting the form.
11
Once you have reviewed the form, sign and date it in the designated area.
12
Send the completed FMCSA Form BMC-85 to the appropriate FMCSA address as specified in the instructions.
13
Keep a copy of the filled-out form for your records.
Who needs fmcsa form bmc-85?
01
FMCSA Form BMC-85 is needed by trucking companies, freight brokers, and freight forwarders.
02
It is required as a type of financial security to ensure that these entities can fulfill their obligations to pay shippers and motor carriers for their services as required by the Federal Motor Carrier Safety Administration (FMCSA).
03
The form is specifically required for those who choose to use a surety bond or trust fund agreement as their financial instrument to satisfy the FMCSA's financial responsibility regulations.
04
It serves as a guarantee that the carrier or broker will be able to meet their financial responsibilities.
05
It acts as protection for shippers and motor carriers in case the carrier or broker fails to pay for services rendered.
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What is fmcsa form bmc-85?
FMCSA form BMC-85 is a form required by the Federal Motor Carrier Safety Administration (FMCSA) for freight broker and freight forwarder companies to file a surety bond or trust fund agreement.
Who is required to file fmcsa form bmc-85?
Freight broker and freight forwarder companies are required to file FMCSA form BMC-85.
How to fill out fmcsa form bmc-85?
To fill out FMCSA form BMC-85, you need to provide information such as company name, address, type of authority, and details of the surety bond or trust fund agreement.
What is the purpose of fmcsa form bmc-85?
The purpose of FMCSA form BMC-85 is to ensure that freight broker and freight forwarder companies have the financial responsibility to operate in the transportation industry.
What information must be reported on fmcsa form bmc-85?
Information such as company details, surety bond or trust fund agreement details, and financial information must be reported on FMCSA form BMC-85.
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