This bond is governed by the Federal Motor Carrier Safety Administration (FMCSA). The bond is required by a freight broker or individual that acts as a liaison between another individual or company that needs shipping services and is in authorize motor carrier. Before you become a freight broker you must first get a motor carrier number from FMCSA. Right now the bond requirement is $10,000. Legislation has been passed raising the limit to $75,000. The earliest we will see the increased requirement would be July 1, 2013. It remains to be seen whether the FMCSA will enforce the requirement. These bonds are readily available for most qualified applicants. While they are not necessarily high and loss they are high in claims. Qualification will require excellent credit. If bid bond requirement does in fact increase to $75,000 financial statements thus financial analysis will become part of the underwriting process. We have markets that are ready to write the $75,000 bond.