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New York concessionaire bonds.
From $100.

The performance bond an awarding authority requires before you run a concession on its property — a state park, fairground, government facility, or public venue. The penal sum is set by your concession agreement; premiums start at $100, with a soft credit pull only.

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Required by the awarding authority — parks, fairs, and public or institutional venues
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Penal sum is set by your concession agreement — enter the figure your award states
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One soft credit pull — never a hard inquiry, and it never affects your score
From $100your exact price at applicationSoft pull onlynever a hard inquiry1%of the bond amount, $100 minimum
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a New York concessionaire bond cost?

1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Apply to bonded in one sitting.

A concession bond is light-underwriting — a soft credit pull, not a financial-statement review. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the penal sum from your concession agreement, and who the awarding authority is — that is the application.

SAME DAY

Soft-pull review

We run a soft credit inquiry to confirm approval — it never touches your credit score. Your premium is 1% of the penal sum, $100 minimum.

SAME DAY

Bonded & ready to file

The executed concessionaire bond is issued for you to file with the awarding authority. Wet-ink originals mailed whenever the authority insists on them.

About this bond

What it is and who needs it.

What a concessionaire bond actually covers

A concessionaire bond guarantees that a concession operator — say, running a food, beverage, or retail concession on public or institutional property — will perform its concession agreement and pay the sums it owes the awarding authority. If the operator defaults on the agreement, the authority can claim against the bond.

In New York the most common awarding authority is the Office of Parks, Recreation and Historic Preservation, which requires concessionaires to post a bond before operating a concession in a state park, historic site, or fairground. State facilities concessions run through other agencies as well, including the Office of General Services.

The penal sum is set by the awarding authority in your concession agreement — there is no single statutory figure. Enter whatever amount your award states and your exact price appears at the application, starting at $100, with a soft credit pull only.

NY Parks, Recreation & Historic Preservation LawThe Office of Parks, Recreation and Historic Preservation requires a concessionaire to furnish a bond as a condition of a concession on its property, under the Parks, Recreation and Historic Preservation Law and the agency regulations at 9 NYCRR. The penal sum is fixed by the awarding authority in the concession agreement, not by statute.

You need this bond if you are

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A concession operator — running a food, beverage, or retail concession in a state park, historic site, or fairground
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Awarded a concession at a government facility or public venue that requires a performance bond in the agreement
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Bidding on a concession the awarding authority will not let you operate until a bond is on file
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Renewing a concession whose agreement requires a current bond to stay in place
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

Bonded & ready to file. The executed concessionaire bond is issued for you to file with the awarding authority. Wet-ink originals mailed whenever the authority insists on them.

What sets the price

The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.

One soft credit pull, never a hard inquiry, and it never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application, bonded the same day.

Submit the application with the penal sum from your concession agreement — we run a quick soft pull and issue the executed bond for you to file with the awarding authority.

Start the application →
FAQ

Common questions.

How much is the New York concessionaire bond?The penal sum is set by the awarding authority in your concession agreement — there is no fixed statutory amount. Premiums are 1% of that penal sum, $100 minimum. Enter the figure your agreement states and your exact price appears at the application.
Who sets the bond amount?The awarding authority does — in New York that is usually the Office of Parks, Recreation and Historic Preservation for park and fairground concessions, or another agency such as the Office of General Services for state-facility concessions. The amount is written into your concession agreement, not set by us.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. A. Your premium is 1% of the penal sum, $100 minimum.
What does the bond guarantee?It guarantees you will perform your concession agreement — operating within the awarding authority's rules and paying the sums you owe under the agreement. If you default, the authority can make a claim against the bond up to the penal sum.
How fast can I get it?Usually the same day. The soft-pull review is quick, and once approved the executed concessionaire bond is issued for you to file with the awarding authority. There is no financial-statement underwriting on a bond this size.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Price and requirements checked on the carrier’s application, . Page updated .

Concession bond, issued today.

Soft pull only, premiums from $100 on your penal sum. File with the awarding authority the same day.

Your premiumfrom $100
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