| Title: | Insufficient Continuous Bond Notifications Posted in ACE |
|---|---|
| Date: | 2009-05-18 |
| To: | acep |
| Links: | previous, next |
Effective May 22, 2009, the Revenue Division, Office of Finance will no longer post information about continuous bonds scheduled for insufficiency in ACE.
Since February, 2009, the Revenue Division has posted information about continuous bonds scheduled to be rendered insufficient to the surety's BAL (business activity log) in ACE. Per message 09-000069, CBP agreed to evaluate this pilot process for at least 45 days before deciding whether or not to permanently adopt it.
Based on an overall 's uccess rate' of less than 50%, the Revenue Division, Office of Finance has decided to discontinue this pilot program at this time. If you have any questions about this message, please contact Casey Horn, Section Chief, Surety Bonds and Accounts, at (317) 614-4484 or via email at casey.horn@dhs.gov.