A private provider requesting authorization to perform fingerprinting services and demographic data collection for non-criminal justice purposes shall have a surety bond of $10,000, in a form approved by the Central Repository. A private provider shall provide the Central Repository with: A certificate from the bonding company listing the individuals of the private provider's company who are covered by the bond; An agreement from the bonding company that the bonding company shall give the Central Repository at least 60 days’ notice by registered or certified mail of cancellation of the private provider's bond; and As part of the agreement under §B(2) of this regulation, written assurance that the bond will be in full force and effect for a period of at least 60 days after notice of cancellation is given to the Central Repository. The bond value shall increase to 10 percent of the total amount invoiced to the private provider the previous fiscal year if the invoiced amount exceeded $100,000. After an original or renewal authorization certificate is issued, the private provider shall maintain the required surety bond throughout the period the private provider is authorized to perform fingerprinting services and demographic data collection for non-criminal justice purposes under this chapter.