For motor carriers, biennial MCS-150 form updates should come as no surprise. After all, when doing business in this industry, you need to adhere to certain rules in order to succeed. Of the large list of various mandatory actions, the biennial MCS-150 form renewal is one of the most important.
The transportation industry is very large and lucrative. But don’t forget that every niche has its own laws. The rules of cargo transportation are regulated at the legislative level. Compliance with them is a guarantee of obtaining and maintaining a license. And if they are ignored, the company can expect closure. For many, these rules seem simple, but in fact they are not. Trying to figure them out on your own can lead to despair. You should seek professional advice.
In this article, we would like to take a closer look at the issue of renewing the MCS-150 form every two years.
What is a biennial MCS-150 form renewal?
In case you have a USDOT number and have been doing business for more than a year, you should know that one of the requirements of the Federal Motor Carrier Safety Administration (FMCSA) is to participate in the renewal program.
It has to do with the MCS-150 form. The Federal Motor Carrier Safety Administration (FMCSA) requires that all organizations subject to the agency’s administration update their records once every two years. Ignoring this rule has consequences, up to and including the deactivation of USDOT numbers. That is, your business may actually come to a halt and vehicles will not be able to be on the road.
In addition to the above, a fine of $1,000 or more per day can sometimes follow, but no more than $10,000 for the entire sanction period. Obviously, any transportation company would want to avoid this.
These measures are applied to the business even if the organization has not changed only some information, stopped providing some services, or is not operating at all. It turns out that there are no exceptions because of which you can skip the MCS-150 form update.
How do I update my Form MCS-150?
You can update your Form MCS-150 either online or offline. In the second case, you will have to spend a lot of money, time and nerves.
However, in the first case, too, there are difficulties. A person who is not very well versed in the nuances of record keeping, it is difficult to do everything the way it should be done. Fortunately, you can seek help from the professionals. We will do the work qualitatively and in the shortest possible time! And these are not just words, as evidenced by the customer reviews.
What do I do if I don’t have a USDOT Number?
If you don’t have a USDOT number and your mailing address in MCMIS is no longer current, you have two ways out:
- Send the completed and signed MCS-150 form via fax.
- Send the completed and signed MCS-150 form via U.S. mail.
And in this with pleasure. specialists of our company will also help. Contact us in any convenient way – for example, by phone or e-mail.
08/18/2022