What Is A Biennial Update?
Any time a carrier or other regulated entity changes its name or address, or other details in their record, they should update their US DOT and operating authority record with FMCSA in a timely manner. Some things you should look for are if there are any detail changes such as an addition of a truck or tractor. In addition, FMCSA mandates all entities under its jurisdiction to update their information every two years.
When Do I Need To File By?
If your USDOT number ends in: You need to file by last day of:
If the next-to-last digit of the USDOT Number is odd, the motor carrier or intermodal equipment provider shall file its update in every odd-numbered calendar year.
If the next-to-last digit of the USDOT Number is even, the motor carrier or intermodal equipment provider shall file its update in every even-numbered calendar year.
What Happens If I Do Not File On Time?
When it is time to do the Biennial Update, you don’t want to ignore it or put it off. Failure to update the MCS-150 could result in a $1,000 per day fine for every day it’s not renewed, and the fine is capped at $10,000.
How Do I Complete My Biennial Update?
The MCS-150 form is available on the website. Our representatives will assist you in completing the form and completing the biennial updates on time.