Transportation of Passengers Broker
Type of Operation:
Transportaton of Passengers Broker
Description:
A person who arranges for transportation of passengers by companies authorized by the Virginia Department of Motor Vehicles to transport passengers and who is not a motor carrier or an employee or agent of a motor carrier.
Authority Document:
License
Operating Requirements:
- Under this type of license, you can only broker the transportation of passengers for pick up and delivery within Virginia.
- You can only arrange for the transportation of passengers with companies that are authorized by the Virginia DMV to conduct such operations.
- You must have written approval from the Virginia DMV to transfer this type of license.
- A broker's license does not authorize the holder to provide the actual passenger transportation.
Tariff and Time Schedule Requirements:
None
Insurance Requirements:
None
Bond Requirements:
You are required to keep a surety bond or letter of credit in the amount of $25,000 on file with DMV's Motor Carrier Services. (See Passenger Carrier and Passenger Broker Bond, form OA435 or the passenger irrevocable letter of credit, form OA447.)
Filing Fees:
$50 filing fee
$3 for a duplicate license
Miscellaneous Requirements:
Address Change - You must report any new address to DMV's Motor Carriers Services within 30 days.
Discontinuing Service - If you go out of business or stop providing the service authorized, you must notify DMV in writing within 30 days.
