Ocean Transportation Intermediary (OTI) Group Supplemental (FMC-69) CORPORATION Bond
Overview
Get bonded under FMC Form 69 and your corporation can operate as a group member within a Federal Maritime Commission-licensed Ocean Transportation Intermediary organization. This federal bond demonstrates your company's financial responsibility to the FMC, satisfying the supplemental coverage requirement for corporate group members. Without it, your corporation cannot lawfully participate in licensed OTI group operations.
Who Needs This Bond?
Corporate entities that are joining or operating under an FMC-licensed Ocean Transportation Intermediary group need this bond. If your company arranges ocean freight shipments — whether as a freight forwarder or a non-vessel-operating common carrier — and your group structure requires supplemental coverage at the corporate member level, this is your required instrument. The FMC Form 69 designation makes clear this applies to group arrangements, not standalone individual OTI licensees.
What is this Bond For?
This bond protects shippers and the public from financial harm caused by your corporation's failure to fulfill its obligations as a licensed OTI group member. It sits on top of the group's primary bond coverage, providing supplemental assurance to the Federal Maritime Commission that your corporate entity meets its share of the liability threshold. The FMC uses it to enforce compliance with ocean freight intermediary regulations at the corporate participant level.
When is it Required?
Filing for FMC group OTI membership as a corporation is the exact moment this bond becomes mandatory. Your corporation cannot be added to or remain in an FMC-licensed OTI group without filing this supplemental bond. The FMC requires the bond to be on file and active before your corporate entity is recognized as a compliant group participant.
Where Does it Apply?
This is a federal bond filed with and governed by the Federal Maritime Commission. It applies to your corporation's participation in ocean transportation intermediary activities wherever those operations touch U.S. international ocean commerce. There is no state-level equivalent — the FMC is the sole obligee and regulator for this requirement.
How to Buy Online
Click 'Buy This Bond Online' on this page and the secure surety portal will open in a new tab. Complete the application for your corporation, review the bond details, and submit — the process is straightforward and entirely online. Once approved, your bond document will be ready to file with the FMC.
Why Bond Titan?
Bond Titan is powered by The Southern Agency and built for business owners who need to get bonded fast — no agent callbacks, no waiting rooms. Our nationwide catalog includes federal bonds like this FMC-69 corporate supplemental, available online any time you're ready. You get a professional bond from an experienced agency through a process that respects your time.