[Federal Register Volume 72, Number 1 (Wednesday, January 3, 2007)]
[Notices]
[Pages 196-197]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 06-9948]


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DEPARTMENT OF THE TREASURY

Fiscal Service


Application and Renewal Fees Imposed on Surety Companies and 
Reinsuring Companies; Increase in Fees Imposed

AGENCY: Financial Management Service, Fiscal Service, Department of the 
Treasury.

SUMMARY: Effective December 31, 2006, The Department of the Treasury, 
Financial Management Service, is increasing the fees it imposes on and 
collects from surety companies and reinsuring companies.

FOR FURTHER INFORMATION CONTACT: Surety Board Branch at (202) 874-6765.

SUPPLEMENTARY INFORMATION: The fees imposed and collected, as referred 
to in 31 CFR 223.22, cover the costs incurred

[[Page 197]]

by the Government for services performed relative to qualifying 
corporate sureties to write Federal business. These fees are determined 
in accordance with the Office of Management and Budget Circular A-25, 
As amended. The change in fees is the result of a thorough analysis of 
costs associated with the Surety Bond Branch.
    The new fee 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--$8,025.
    (2) Determination of a company's continued qualification for annual 
renewal of its Certificate of Authority--$4,710.
    (3) Examination of a company's application for recognition as an 
Admitted Reinsurer (except on excess risks running to the United 
States)--$2,835.
    (4) Determination of a company's continued qualification for annual 
renewal of its authority as an Admitted Reinsurer--$2,010.
    Questions concerning this notice should be directed to the Surety 
Bond Branch, Financial Accounting and Service Division, Financial 
Management Service, Department of the Treasury, 3700 East West Highway, 
Room 6F01, Hyattsville, MD 20782, Telephone (202) 874-6850.

    Dated: December 21, 2006.
Janice P. Lucas,
Assistant Commissioner, Financial Operations, Financial Management 
Service.
[FR Doc. 06-9948 Filed 12-29-06; 8:45 am]
BILLING CODE 4810-35-M