Freight brokers and freight forwarders must have a BMC-84 surety bond to maintain their FMCSA operating authority. This $75,000 bond is a federal requirement under the Moving Ahead for Progress in the 21st Century Act (MAP-21) and ensures carriers and shippers are paid if brokers fail to meet contractual obligations.
At AI Surety Bonding USA, we help brokers across Texas and the U.S. secure BMC-84 bonds quickly, keeping your authority active and your operations compliant.
The BMC-84 Bond—also known as the Freight Broker Bond—is required by the Federal Motor Carrier Safety Administration (FMCSA) for every freight broker and forwarder operating in the United States. Without this bond, the FMCSA will revoke a broker’s operating authority, effectively shutting down their business.
The freight broker or forwarder who purchases the bond and must meet all contractual and regulatory obligations.
The FMCSA requires the bond, but shippers and carriers may also file claims if the broker defaults.
The surety company issues the bond and guarantees payment of valid claims, but the broker is ultimately responsible for reimbursing the surety.
As a construction professional or contractor, your work exposes you to a myriad of risks and liabilities on a daily basis.
Bonding capacity is a critical factor for contractors, project managers, and construction firms. It determines the amount of work a contractor can take on and ensures financial stability in project completion.
