§ 108.692. Examination fees.
221 words·~1 min read·
/us/cfr/t13/s§ 108.692·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)General. SBA will assess fees for examinations in accordance with this section. Unless SBA determines otherwise on a case by case basis, SBA will not assess fees for special examinations to obtain specific information.
(b)Base fee. A base fee of \$3,500 will be assessed, subject to adjustment in accordance with paragraph
(c)of this section.
(c)Adjustments to base fee. The base fee will be decreased based on the following criteria:
(1)If you have no outstanding regulatory violations at the time of the commencement of the examination and SBA did not identify any violations as a result of the most recent prior examination, you will receive a 15% discount on your base fee; and
(2)If you were fully responsive to the letter of notification of examination (that is, you provided all requested documents and information within the time period stipulated in the notification letter in a complete and accurate manner, and you prepared and had available all information requested by the examiner for on-site review), you will receive a 10% discount on your base fee.
(d)Delay fee. If, in the judgment of SBA, the time required to complete your examination is delayed due to your lack of cooperation or the condition of your records, SBA may assess an additional fee of up to \$500 per day.