How much is the penalty for not qualifying a manager within the required sixty days?

The penalty for not qualifying a manager within the required sixty days is indeed set at a rate of $500.00 for every fourteen days. This system of penalties emphasizes the importance of timely compliance with the qualifications mandated by the Texas DPS Private Security Bureau (PSB). By establishing a significant fine for non-compliance, the regulations ensure that companies remain diligent in qualifying their managers, which is essential for maintaining proper oversight and management within the private security industry.

This penalty structure serves as a deterrent, encouraging security firms to meet their compliance deadlines to avoid accruing hefty fines that can quickly escalate. It reflects the seriousness with which the state views the management qualifications in enhancing the professionalism and accountability of private security operations.

The other options do not accurately reflect the stipulated penalties set forth by the regulations, indicating lesser fines or incorrect timeframes. This reinforces the need for firms to be vigilant about compliance to prevent facing potentially burdensome financial penalties.