The Arizona Department of Transportation (ADOT) regulates International Fuel Tax Agreement (IFTA) carriers and requires some applicants to post a surety bond. The bond amount is determined by the MVD Director, under Arizona Revised Statutes Title 28, Chapter 16, Article 2. Bonding may be required for any of the following reasons:
- Applicant has verifiable “non-favorable or not in good standing” record history from an IFTA member jurisdiction
- Applicant has no previous account history in Arizona or other IFTA member jurisdictions
- Applicant has a previous account history in a IFTA member jurisdiction, but cannot be verified
- Applicant is based in a non-member IFTA jurisdiction
- IFTA license application does not have a history as a motor carrier in this state or any other member jurisdiction
- MVD Director determines that the interests of the state or IFTA member jurisdiction is in jeopardy
- Licensed IFTA carrier fails to file tax reports or remit taxes in a timely manner
If the carrier has a history of “good standing”, ADOT may waive the bonding requirement. For any specific questions on licensing requirements, please contact ADOT.
Pacific Surety offers industry low rates and can obtain approvals for almost all credit situations. Once our simple application has been completed, we can have pricing to you within hours. If you have any specific questions, please contact our knowledgeable underwriting staff.