When you win a concession contract — a food stand, gift shop, marina, or recreation concession at a park, venue, or public facility — the awarding body often requires a concessionaire bond guaranteeing you will perform the contract and pay what you owe. There is no single statute: the amount comes from your concession agreement. We issue it at a flat 3% with one soft credit pull.
















Your concession award is waiting on this bond. Here's the entire process — no broker phone tag:
Business details, your obligee and contract details, the bond amount, and the effective date. The only extra step is a one-time consent to a soft credit pull.
Most clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The credit check is a soft pull that never affects your score.
Pay online and receive the executed bond, ready to deliver to the body that awarded your concession. Wet-ink originals mailed on request.
Bond amount × 3% = your premium, one-time, $275 minimum. A soft credit pull affects approval, never the price. Enter your contract amount and the premium updates.
A concessionaire bond is a contract performance guarantee. When a public agency, park, stadium, airport, or other venue awards you the right to operate a concession, it often conditions the contract on a bond that you will perform the agreement — operate as promised, pay the rent or revenue share you owe, and leave the space in good order.
It is a three-party arrangement: you (the principal), the surety carrier, and the body that awarded the concession (the obligee). The terms — and the bond amount — come from your concession contract, not from a single Kentucky statute, so the application asks for your obligee and contract details.
It is not insurance for you — if you default and the obligee is harmed, it can claim against the bond, and if the surety pays, you repay the surety. Because this is a contract bond, we run one soft credit pull to confirm approval; the rate stays a flat 3% either way.
These are the actual underwriting fields, including your contract details and a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
Flat 3%, five-minute application, e-signed bond in 1–2 business days. Free until issued.