How do I calculate a sufficient bond for a large AFP?
As stated in § 19.700, to find the required amount of a bond for a large AFP, estimate the total proof gallons of spirits to be produced and received in a calendar year. The amount of the bond is $50,000 plus $2,000 for each 10,000 proof gallons (or fraction) over 500,000. The maximum bond is $200,000. The following table provides some examples.
| More than | But not over | Amount bond |
| 500,000 | 510,000 | $ 52,000 |
| 510,000 | 520,000 | 54,000 |
| 740,000 | 750,000 | 100,000 |
| 990,000 | 1,000,000 | 150,000 |
| 1,240,000 | 200,000 |
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Page last reviewed: September 12, 2018
Page last updated: September 13, 2018
Maintained by: Regulations and Rulings Division