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ACE Ocean 42 – What happens if the goods being imported require clearance from an OGA (outside government agency), such as Fish & Wildlife, FDA, EPA, or DOT?

A single transaction bond can be used but the cost will be assessed on triple the value + duty of the goods being imported (i.e. if you import a medical device valued at $100k at 3% duty your single transaction bond fee would cost +$1000). With a Continuous Customs Surety Bond on file there would be no additional cost.

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