What is the time limit for filing a supplemental tender (Form 5931) due to shortage or overage?

What is the time limit for filing a supplemental tender (Form 5931) due to shortage or overage?

• A. 15 days by air, 30 days by land
• B. 30 days by air, 60 days by land
• C. 60 days by air, 90 days by land
• D. 90 days by air, 120 days by land

Answer: (B)

The time limit for filing a supplemental tender using Form 5931 is 30 days for air shipments and 60 days for land shipments. This timeframe is critical because it provides a structured period within which shippers and brokers can report discrepancies related to shortages or overages in shipments. Establishing these specific periods helps ensure that issues related to cargo discrepancies are addressed quickly and efficiently, reducing the risk of lost funds or damaged relations with clients or suppliers. It also aligns with industry practices that require timely reporting to facilitate any necessary adjustments, resolutions, or claims. In contrast, a longer or shorter time frame would not fit within the established regulatory framework, leading to complications in processing claims or disputes over shipments. The selected timeframe strikes a balance between allowing necessary investigation and reporting without causing undue delays in resolving these shipping issues.

The time limit for filing a supplemental tender using Form 5931 is 30 days for air shipments and 60 days for land shipments. This timeframe is critical because it provides a structured period within which shippers and brokers can report discrepancies related to shortages or overages in shipments.

Establishing these specific periods helps ensure that issues related to cargo discrepancies are addressed quickly and efficiently, reducing the risk of lost funds or damaged relations with clients or suppliers. It also aligns with industry practices that require timely reporting to facilitate any necessary adjustments, resolutions, or claims.

In contrast, a longer or shorter time frame would not fit within the established regulatory framework, leading to complications in processing claims or disputes over shipments. The selected timeframe strikes a balance between allowing necessary investigation and reporting without causing undue delays in resolving these shipping issues.