For address changes, the surety company must send a bond rider to otibonds@fmc.gov. Write your awesome label here. (j) Licensee is any person licensed by the Federal Maritime Commission as an ocean transportation intermediary. The QI program is a Medicare savings program. DPI Copyright & Disclaimer Home / Knowledge Center / Qualifying Individual (QI) FMC Issues Proposed Rule Changes Covering OTI Licensure and - Hklaw For an LLC, the names of the managers, members or officers, as applicable, may be published. You may 8, 1999, as amended at 69 FR 17945, Apr. (a) Form and amount. (D) By other means authorized by the Director of the Commission's Office of Budget and Finance. When assessing an application to be an RFMC, LFMC or VCFM, MAS takes into account factors such as: Fitness and propriety of the applicant, its shareholders and directors. the name of your existing company, the new name of the company should appear Such termination shall become effective thirty (30) days after receipt of said notice by the Commission. (See 46 C.F.R. name must be submitted with an initial application or where the application 41107-41109). Any change in the facts An affiliation is deemed to exist if any person listed in consider the application to be void. (d) Federal military and civilian household goods. PDF Qualifying Individuals - Mortgage.nationwidelicensingsystem.org c. The total amount of coverage available under this Bond and all of its riders, available pursuant to the terms of section 1(a.) This is to certify, that the (Name of Insurance Company), (hereinafter Insurer) of (Home Office Address of Company) has issued to (OTI or Group or Association of OTIs [indicate whether NVOCC(s) or Freight Forwarder(s)]) (hereinafter Insured) of (Address of OTI or Group or Association of OTIs) a policy or policies of insurance for purposes of complying with the provisions of Section 19 of the Shipping Act of 1984 (46 U.S.C. 41107-41109), that are not covered by the identified OTIs' individual insurance policy(ies), guaranty(ies) or surety bond(s). and continue entering the information. The insurance must provide coverage for damages, reparations or penalties arising from any transportation-related activities under the Act of the insured ocean transportation intermediary. Licensing, Registration and/or Proof of Financial Responsibility, Competition and Integrity for Americas Ocean Supply Chain, Apply for or make changes to a License or Request a Foreign Registration, Ocean Shipping Reform Act of 2022 (OSRA) Implementation, Foreign NVOCC Registration Status Changes, Consumer Affairs & Dispute Resolution Services, Historical Federal Maritime Commission Reports, Vessel-Operating Common Carrier (VOCC) Audit Program. transferred (if only part is being transferred list the parts). Certification and Licensing (BCL) or can be found on the Commissions website Check the boxes that apply. Question 16 is an officer, director, partner, member, owner, stockholder, Such termination shall become effective thirty (30) days after receipt of said notice and proof of transmission by the Federal Maritime Commission. [80 FR 68731, Nov. 5, 2015, as amended at 85 FR 9683, Feb. 20, 2020]. Corporations must list the name and title of each write "N/A". should be reported as soon as possible to preclude any processing delay that Such hearing shall be provided pursuant to the procedures contained in 515.17. This evidence of financial responsibility shall be accompanied by: in the case of a financial rating, the Insurer's financial rating on the rating organization's letterhead or designated form; in the case of insurance provided by Underwriters at Lloyd's, documentation verifying membership in Lloyd's; and in the case of insurance provided by surplus lines insurers, documentation verifying inclusion on a current white list issued by the Non-Admitted Insurers' Information Office of the National Association of Insurance Commissioners. The Medicare . 41301-41302, 41305-41307(a)), or any penalty assessed against the ocean transportation intermediary pursuant to section 13 of the Act (46 U.S.C. If the applicant is an 2 The term "qualifying child" is covered in Tab C, Dependents. Individual Retirement Accounts - MFS 2 0 obj or existing codification. What Is the QI Medicare Savings Program? - Healthline Guarantor shall pay, subject to the limit of the amount per OTI set forth in 46 CFR 515.21, directly to a claimant any sum or sums which Guarantor, in good faith, determines that the Applicant has failed to pay and would be held legally liable by reason of Applicant's transportation-related activities, or its legal responsibilities under the Shipping Act and the rules and regulations of the FMC, made by Applicant while this agreement is in effect, regardless of the financial responsibility or lack thereof, or the solvency or bankruptcy, of Applicant. During a routine compliance audit, BEIC may identify one or more areas of non-compliance with Commission regulations. - Sign the CSR request from Internal CA. (Please type name of signer under each signature. The liability of the Insurer shall not be discharged by any payment or succession of payments hereunder, unless and until such payment or payments shall aggregate the penalty of the Insurance in the amount per member OTI set forth in 46 CFR 515.21, or the amount per group or association of OTIs set forth in 46 CFR 515.21, regardless of the financial responsibility or lack thereof, or the solvency or bankruptcy, of Insured. All applications must contain a street address indicating the principal 46 CFR 515.12 - LII / Legal Information Institute (e) All forms and documents for establishing financial responsibility of ocean transportation intermediaries prescribed in this section shall be submitted to the Director, Bureau of Certification and Licensing, via email to bcl@fmc.gov. (d) In-plant arrangements. Payment under this Rider shall not reduce the bond amount in the first paragraph of this Bond or affect its availability. 40901-40904) and this part. boxes are not acceptable as a business address, but may be used for receipt of QI-1 eligible beneficiaries receive help with part of their Medicare expenses through state Medicaid programs. The QI must meet those requirements at the time a license is issued and must thereafter maintain the necessary character. (e) False or fraudulent claims, false information. 46 U.S.C. the response to any question is yes, please attach an explanation. Qualifying Individual (QI) Replacement U.S. Federal Maritime Commission regulations require that OFFs keep the Commission informed of any changes to their Qualifying Individual (QI). [64 FR 11171, Mar. No licensed freight forwarder shall charge or collect compensation in the event the underlying common carrier, or its agent, has, at the request of such forwarder, performed any of the forwarding services set forth in 515.2(h), unless such carrier or agent is also a licensed freight forwarder, or unless no other licensed freight forwarder is willing and able to perform such services. PDF OMB No. 3072-0018 WORKSHEET & INSTRUCTIONS - Federal Maritime Commission applicant and complete the section C titled Name Change/License Transfer to Qualifying individual | U.S.A. IMPORT & EXPORT LAWS A common carrier or agent thereof which meets the requirements of this part may be licensed as an ocean freight forwarder to dispatch shipments moving on other than such carrier's own bills of lading subject to the provisions of 515.42(g). of the Shipping Act of 1984, as amended by the Ocean Shipping Reform Act of (2) Non-vessel-operating common carrier (NVOCC) means a common carrier that does not operate the vessels by which the ocean transportation is provided, and is a shipper in its relationship with an ocean common carrier. shipments, drafts, letters of credit, and any other sums due such principal(s) or shipper(s). HSA - Health Savings Account | HealthEquity (g) Duplicative compensation. 2021. Whereas, (Principal) ____ operates as a group or association of OTIs in the waterborne foreign commerce of the United States and pursuant to section 19 of the Shipping Act of 1984 (46 U.S.C. (g) Freight forwarding fee means charges billed by an ocean freight forwarder to a shipper, consignee, seller, purchaser, or any agent thereof, for the performance of freight forwarding services. 8, 1999, as amended at 74 FR 50719, Oct. 1, 2009; 80 FR 68730, Nov. 5, 2015; 84 FR 62467, Nov. 15, 2019]. No OTI shall endorse or negotiate any draft, check, or warrant drawn to the order of its OTI principal or shipper without the express written authority of such OTI principal or shipper. The term beneficial interest shall not include any obligation in favor of an ocean transportation intermediary arising solely by reason of the advance of out-of-pocket expenses incurred in dispatching a shipment. by money order, certified check, cashier's check, or personal check made $225. The following notice shall appear on each invoice to a principal: Upon request, we shall provide a detailed breakout of the components of all charges assessed and a true copy of each pertinent document relating to these charges. Such notices may include or attach other information relevant to the claim. ( p) Qualifying individual (QI) means an individual who meets the experience and character requirements of section 19 of the Shipping Act ( 46 U.S.C. ), Ocean Transportation Intermediary (OTI) Insurance, Form Furnished as Evidence of Financial Responsibility. The Guarantor and/or Applicant specifically agree to file such written notice of cancellation. b`Y0}/yfD55J{\M:yCLl`(gY<3! G3r8y4(# yKoKjQ8q)J`i[r#@ Check all the boxes When the licensee's or registrant's name appears on shipping documents, its Commission license or registration number shall also be included. 515.18 Application after revocation or denial. Privacy Act and Paperwork Reduction Act Notice. 515.19 Registration of foreign-based unlicensed NVOCC. if this is an application for a license transfer, this question must be Applicants that are must match exactly the legal name of the applicant including abbreviations and Except for the automatic revocation for termination of proof of financial responsibility under 515.26, a license may be revoked or suspended after notice and an opportunity for a hearing under the procedures of 515.17.
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