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The 2016 annual agent location fee of $206 will be collected for each of your office locations via electronic draft from your designated bank account on January 21, 2016. It will appear on your bank statement as "ARC Core Participation Fee." A separate draft of $206 will be issued for each active branch agency and Satellite Ticket Printer (STP) location of record as of January 8, 2016. For consolidated drafting agents, only one draft will be assessed for all of your ARC approved locations.
Additionally, ARC will be imposing a new tiered quarterly transaction fee structure. See the chart below outlining this tiered fee structure. Note, agencies with less than 1,000 transactions per quarter will not be assessed transaction fees.
|Number of transactions per quarter||Price per transaction|
|Tier 1||1,000 - 2,224.999M||.016|
|Tier 2||2.25 - 5.999M||.013|
|Tier 3||6M or more||.011|
This is a reminder about the agent/CTD transaction fee that is assessed on a quarterly basis. In 2015, the quarterly fee was set at $0.017 per transaction. An agency reporting an aggregate of less than 1,000 transactions per quarter will not be assessed a transaction fee. The maximum number of transactions for which an agency can be charged in a quarter is 2.25 million transactions (per entity). A separate debit representing this fee will be drawn against your ARC designated bank account on or after January 21, 2016. Only one draft will be issued for consolidated drafting agents.
Each ARC participating carrier has specified their method of agent appointment as either General Concurrence or Specific Appointment. For your reference, each of these methods is defined below.
General Concurrence: The carrier appoints all agents that appear on the ARC Agency List, unless the carrier notifies both ARC and the agent of a decision not to appoint the agent or agency location.
Specific Appointment: The carrier appoints specific agents appearing on the ARC Agency List, and will do so by delivering to each appointed agent a written Certificate of Appointment. Under these terms, ticketing using a carrier's validation code is not permissible unless done under the specific appointment of the validating carrier. Agents seeking a Certificate of Appointment from a carrier should seek such Certificate directly from the carrier.
Please visit Section 1 of the Industry Agents' Handbook for information on agency appointment along with the list of ARC participating carriers.