(a) Your organization will enter into a written agreement with the Coast Guard. This written agreement will specify—

1. (1) How long the authorization is valid;
2. (2) Which duties and responsibilities the organization may perform, and which certificates it may issue on behalf of the U.S.;
3. (3) Reports and information the organization must send to the Commandant (CG-CVC);
4. (4) Actions the organization must take to renew the agreement when it expires; and
5. (5) Actions the organization must take if the Coast Guard should revoke its authorization or recognition under 46 CFR part 8.