Filing Your MCS -150 and the Process of Filing the Same

Introduction –

One of the most common tasks in the transportation industry is the updating of records. Now, whether the updating of the records is required regarding insurance or regulations or banking or business operations, there are many records that need an update at least every 1-2 years. Arranging these updates in the calendar is one of the best ways to ensure your business will not be affected by having inactive records which can or may lead to incidents that are out of service and which effects the carriers bottom line. One of the important pieces of operating information that needs updating every two years is the motor carrier authority update, also known as the biennial update for your DOT registration or MC authority. There are a few things that you should know about the biennial update.

Requirements of the FMCSA

Another thing you ought to know is that the FMCSA needs all the carriers to provide a motor carrier authority update, which should be done every 2 years. You are needed to submit mcs 150 biennial update or the updated mcs-150 i.e., the motor carrier identification report even if your firm has not changed or altered its information, or has not done the interstate operations after your last update or is no longer in the business and also in the case where it did not tell the FMCSA. If you fail to complete the biennial update of the mcs-150 then it can result in the deactivation of the USDOT number, and it can even result in civil fine of up to $1000 per day and go up to maximum amount of $10,000. You can look below for the step-by-step guide and deadlines that can assist you in making the process easier and ensuring that you don’t face deactivation or heavy fines.

Step by Step Process –

The first and foremost thing you ought to know is that updating your information is free, and the best method of filing your update is through the online method. If you want to finish the registration online, then you will need your USDOT number and an assigned PIN, EIN, or SSN number, as well as the official company data. Besides all of that, you can also ask for a PIN to be mailed or emailed to your ID. All that you have to do is simply visit the website of FMCSA main registration and go the section which is named, ‘existing registration updates. Then, choose “I need to update my USDOT number registration information or file my biennial update (mcs-150),” after which you have to click on the “continue” button. After this, go through the instructions carefully and click on the “file electronically” button.

Form Filling:

Then, you will come across several pages and fill in the information. Always remember not to use your web browser buttons, i.e., the back, forward, and refresh buttons, or else you will lose all the information that you have entered and will have to begin the process again. After you have completed your update and are ready to submit the completed form, you will be asked to put in a valid credit card number as your electronic signature. You will not be charged of your credit card by the FMCSA. Then, submit the form, and next, you can print a copy of your updated MCSP-150 for your records. Also, you will be given a tracking number for your submissions. If you cannot have access to or use the online resource to file your update, you can submit it by fax or mail.