Code of Federal Regulations Title 46. Shipping § 46.298.15 Investigation fee

(1) The investigation fee covers the cost of the investigation of the project described in the application and the participants in the project, the appraisal of properties offered as security, Vessel inspection during construction, reconstruction, or reconditioning (where applicable) and other administrative expenses.

(2) If, for any reason, we disapprove the application, you shall pay one-half of the investigation fees.

(1) The investigation fee shall be one-half ( 1/2 ) of one percent on Obligations to be issued up to and including $10,000,000, plus

(2) One-eighth ( 1/8 ) of one percent on all Obligations to be issued in excess of $10,000,000.