Trac III Systems Commitment to Continued Service
As you may or may not be aware, the agreement between the FTA and Trac III Systems, will not be renewed and will end on June 30 2020. Trac III Systems would like to assure our State
Subscribers that our service will continue to operate as it has since 2004. Our pricing for State Subscriptions will remain unchanged and the pricing structure for Petroleum Marketers will
also remain unchanged. We will always maintain a free transaction registration option for the Petroleum Industry as this helps to encourage transactions to be registered.
Over the past 16 years Fueltrac.us users have registered over 2 billion gallons of interstate fuel and Fueltrac.us has connected over 12,000 petroleum marketers to each other and the States in which they do business. The success of the system is proof positive that the concept of a voluntary registration system funded by the interested parties that provides benefits to all participants should remain the model going forward.
Having more than one diversion registration system will no doubt create major confusion within the industry and ultimately will create opportunities for dishonest people to thrive. States will have to have two subscriptions one on each system in order to validate that transactions were registered promptly and correctly. This creates a potential information "gap" that could lead to evasion schemes. Its Trac III Systems position that this is a step backward and threatens the progress made by having a single system that sits centrally located and distributes the information to the appropriate parties.
We would like to let you know that we will never discontinue our services and hope to continue providing our services to your State and your tax payers. If you would like to continue using the most widely used option for diversion registration and import reporting services, please let us know. You can contact our Principle Partner Cory Martin at email@example.com and he can make sure your billing information is current. He can also make sure that Trac III Systems meets any requirements for software vendors in your State.
We thank you for your continued support over the past 15 years and look forward to continuing to provide our exemplary customer service to your State and tax payers.
Trac III Systems, LLC