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    Bond Table

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    Randy Sioson
    The document outlines a revised schedule of premium rates for cash, property, and accountable forms accountability bonds. For cash accountability, the minimum bond is 75% of total cash and the premium increases as the accountability amount rises. Property accountability bonds are 30% of the value of government securities, 30% of equipment, and 50% of supplies and materials. Accountable forms bonds are 10% of the total value multiplied by 1.5% to determine the premium, rounded to the nearest hundred.

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    Bond Table

    Uploaded by

    Randy Sioson
    166 views2 pages
    The document outlines a revised schedule of premium rates for cash, property, and accountable forms accountability bonds. For cash accountability, the minimum bond is 75% of total cash and the premium increases as the accountability amount rises. Property accountability bonds are 30% of the value of government securities, 30% of equipment, and 50% of supplies and materials. Accountable forms bonds are 10% of the total value multiplied by 1.5% to determine the premium, rounded to the nearest hundred.

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    The document outlines a revised schedule of premium rates for cash, property, and accountable forms accountability bonds. For cash accountability, the minimum bond is 75% of total cash and the premium increases as the accountability amount rises. Property accountability bonds are 30% of the value of government securities, 30% of equipment, and 50% of supplies and materials. Accountable forms bonds are 10% of the total value multiplied by 1.5% to determine the premium, rounded to the nearest hundred.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    166 views2 pages

    Bond Table

    Uploaded by

    Randy Sioson
    The document outlines a revised schedule of premium rates for cash, property, and accountable forms accountability bonds. For cash accountability, the minimum bond is 75% of total cash and the premium increases as the accountability amount rises. Property accountability bonds are 30% of the value of government securities, 30% of equipment, and 50% of supplies and materials. Accountable forms bonds are 10% of the total value multiplied by 1.5% to determine the premium, rounded to the nearest hundred.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 2

    Attachment A

    REVISED SCHEDULE OF PREMIUM RATES

    I. CASH ACCOUNTABILITY

    MAXIMUM CASH
    MINIMUM CASH
    ACCOUNTABILIT AMOUNT OF BOND BOND PREMIUM
    ACCOUNTABILITY
    Y

    75% of their Total Cash Bond Premium shall not be less


    5,001.00 9,000.00 Accountability than P150

    9,001.00 12,000.00 9,000.00 150.00


    12,001.00 15,000.00 11,250.00 168.75
    15,001.00 18,000.00 13,500.00 202.50
    18,001.00 21,000.00 16,750.00 251.25
    21,001.00 25,000.00 18,900.00 283.50
    25,001.00 30,000.00 22,500.00 337.50
    30,001.00 35,000.00 26,250.00 393.75
    35,001.00 40,000.00 30,000.00 450.00
    40,001.00 50,000.00 37,500.00 562.50
    50,001.00 60,000.00 45,000.00 675.00
    60,001.00 80,000.00 60,000.00 900.00
    80,001.00 100,000.00 75,000.00 1,125.00
    100,001.00 250,000.00 100,000.00 1,500.00
    250,001.00 500,000.00 225,000.00 3,375.00
    500,001.00 750,000.00 350,250.00 5,253.75
    750,001.00 1,000,000.00 500,000.00 7,500.00
    1,000,001.00 2,500,000.00 750,000.00 11,250.00
    2,500,001.00 5,000,000.00 1,500,000.00 22,500.00
    5,000,001.00 25,000,000.00 3,500,000.00 52,500.00
    25,000,001.00 75,000,000.00 4,000,000.00 60,000.00
    75,000,001.00 100,000,000.00 5,000,000.00 75,000.00

    II. PROPERTY ACCOUNTABILITY

    1. Government Securities 30% of their Total Value 10% of their Total Value
    2. Equipment 30% of their Total Value rounded off to the
    3. Supplies and Materials 50% of their Total Value nearest hundred
    III. FOR ACCOUNTABLE FORMS

    a) Internal Revenue Stamp


    b) Documentary Stamp
    c) Customs Documentary Stamp
    d) Cash Tickets
    e) Postage and other Stamp Stocks 10% of their Total Value x 1.5% = Premium
    f) Cattle Registration Certificates rounded off to the
    g) Marriage Certificates nearest hundred
    h) Auto Driver Certificates
    i) Motor Vehicle License
    j) Other Accountable Forms
    having face value

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