What is a potential consequence for a PPO agency that doesn’t notify BSIS of losing its QM on time?

The potential consequence of a PPO agency failing to notify the Bureau of Security and Investigative Services (BSIS) in a timely manner about losing its qualified manager (QM) is the possibility of fines or penalties. This requirement is part of maintaining compliance with the regulations set forth by BSIS, which are designed to ensure that all private security operators are adhering to proper management and operational standards.

When a PPO agency loses its QM, it is crucial to report this change promptly to avoid lapses in compliance that could jeopardize the agency's ability to conduct business legally. If the agency does not notify BSIS within the designated timeframe, it may be subject to fines or penalties as a way to encourage adherence to regulatory compliance. This process helps maintain the integrity and professional standards of private security operations in California, emphasizing the importance of timely notifications regarding management changes.

Other options might suggest severe consequences like license suspension or immediate revocation, which typically apply under more grave circumstances. However, the specific violation of not reporting a QM change on time primarily results in the imposition of fines or penalties, highlighting the regulatory focus on ensuring the agency's operational accountability.