MCS-150
The MCS-150 form needs to be updated periodically to ensure accurate and up-to-date information about the carrier’s operation.
The FMCSA requires carriers to update their MCS-150 information every two years as part of the biennial update process. However, carriers must file an MCS-150 Edit within 30 days of any changes occurring between these biennial updates.
Avoiding Penalties and USDOT Deactivation
t’s essential to promptly report any modifications to uphold compliance standards and avoid potential penalties.
Efficient management of MCS-150 Edit is crucial in maintaining a compliant operation. To streamline compliance and avoid disruptions
Regularly reviewing and updating MCS-150 information beyond the biennial updates is fundamental in maintaining accurate records and avoiding compliance issues. By ensuring prompt filing of MCS-150 Edits and staying proactive in updating information, carriers uphold compliance standards, mitigate risks, and maintain a smooth operational trajectory within the trucking industry.
When to Submit a MCS-150 Edit
An “Edit” encompasses a wide array of changes occurring outside the regular biennial update cycle. These encompass pivotal aspects of your operation:
Driver or Vehicle Changes
Continuous Compliance
Business Information Update
Understanding Biennial Update
This requirement is essential for private, exempt for-hire, and for-hire carriers. This mandated requirement entails an accurate data submission every two years based on the last two digits of your USDOT Number.
The frequency of filing is dictated by the next-to-last digit of your USDOT number: odd-numbered years for odd digits and even-numbered years for even digits. The final digit determines the month of filing: 1 for January, 2 for February, and 0 for October. Ensuring adherence to the biennial MCS-150 filing is crucial, even if your business has encountered no significant operational changes since the last update or if your operations have ceased it is important to file the Biennial Update on time.
Types of Updates:
- Regular Update
- Going Out of Business
- Edit In Between Regular Update
- Vehicle Miles Traveled Outdated
Your Biennial Update CAN Be Simple!
- The last two digits of your USDOT number determine your renewal date.
- Have all the necessary information required to complete the form. Including the combined estimated mileage on ALL CMVs from the previous 12 months.
- Remember, the biennial update is the MINIMUM requirement if nothing changes with your operation. Still, you must file an Edit if anything changes between your biennial filings.
Biennial Update (also know as BU or MCS-150 update)
Are you filing the update as mandated?
The Federal Motor Carrier Safety Administration (FMCSA) requires private, exempt for-hire, and forhire motor carriers of passengers or cargo to update their information every two years based on the last two digits of their USDOT Number. Even if your business has had no significant changes in the past, ceased interstate operations since the last update, or is no longer in business, you must file this update.
However, brokers and freight forwarders are NOT required to file the biennial update every two years. If you have any changes, such as a name or address change, you must file a 5889 form.