A contractor shall furnish a surety bond: In an amount established by the Administration; Based on transfers or projected transfers of annual funds from electronic vehicle titling and registration transactions; and In an amount comparable to the average weekly funds transferred. A participant shall certify, in a form acceptable by the Administration, that a surety bond in the amount required by Transportation Article, §§15-308 and 15-604, Annotated Code of Maryland, is currently, and will continue to remain, in effect. Except for §B of this regulation, all other participants shall furnish a surety bond in the amount of $25,000. A bond required under this regulation shall: Remain in force for the term of the contractor, or participant's, agreement; Be executed by a surety company authorized to do business in the State; Be in a form approved by the Maryland Insurance Administration; and Be adjusted annually as determined by the Administration pursuant to §A of this regulation.