Reporting Changes in Surety Bonds
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Reporting Changes in Surety Bonds
Effective June 28, 2010, a DMEPOS supplier must submit an addendum to the existing surety bond (or, if the supplier prefers, a new bond) to the National Supplier Clearinghouse (NSC) in the following instances:
  • a change in bond terms,
  • a change in the bond amount, or
  • a location on a bond covering multiple non-chain locations is being added or deleted.
In addition, the surety must notify the NSC if there is a lapse in the surety's coverage of the DMEPOS supplier. This can be done via letter, fax, or e-mail to the NSC.
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