95-3791. Surety Company Application and Renewal Fees; Increase in Fees Imposed

[Federal Register Volume 60, Number 31 (Wednesday, February 15, 1995)]
[Notices]
[Pages 8768-8769]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-3791]



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DEPARTMENT OF THE TREASURY

Fiscal Service


Surety Company Application and Renewal Fees; Increase in Fees 
Imposed

    The Department of the Treasury, Financial Management Service, will 
be increasing the fees imposed and collected as referred to in 31 CFR 
223.22. This increase is to cover the costs incurred by the Government 
for services performed relative to qualifying corporate sureties to 
write Federal business.
    The new fees are effective December 31, 1994, and are determined in 
accordance with the Office of Management and Budget Circular A-25, as 
amended. The increase in fees is the result of a thorough analysis of 
costs associated with the Surety Bond Branch.
    The new rate schedule is as follows:
    (1) Examination of a company's application for a Certificate of 
Authority as an acceptable surety or as an acceptable reinsuring 
company on Federal bonds--$3,725.
    (2) Determination of a company's continued qualification for annual 
renewal of its Certificate of Authority--$2,200.
    (3) Examination of a company's application for recognition as an 
Admitted Reinsurer (except on excess risks running to the United 
States)--$1,325.
    (4) Determination of a company's continued qualification for annual 
renewal of its authority as an Admitted Reinsurer--$930. [[Page 8769]] 
    Questions concerning this notice should be directed to the Surety 
Bond Branch, Funds Management Division, Financial Management Service, 
Department of the Treasury, Hyattsville, MD 20782, Telephone (202) 874-
6850.

    Dated: January 31, 1995.
Diane E. Clark,
Assistant Commissioner, Financial Information, Financial Management 
Service.
[FR Doc. 95-3791 Filed 2-14-95; 8:45 am]
BILLING CODE 4810-35-M