NY concessionaire bonds.
Flat 3%. $275 minimum.

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; we bond it at a flat 3%, $275 minimum, with a soft credit pull only.

Required by the awarding authority — parks, fairs, and public or institutional venues
Penal sum is set by your concession agreement — enter the figure your award states
Soft credit pull only — it affects approval, never your rate; the rate stays a flat 3%
Flat 3%of the penal sum$275minimum premiumSoft pullnever affects your rate
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
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 · 5 MINUTES

Apply online

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

SAME DAY

Soft-pull review

We run a soft credit inquiry to confirm approval — it never touches your credit score, and it never changes your price. Whatever the pull shows, your rate is the flat 3%.

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.

The whole pricing page.

Bond amount × 3% = your premium, one-time, $275 minimum. The penal sum is whatever your concession agreement names. A $5,000 award works out below the floor, so it lands at the $275 minimum.

$5,000 concession bond
$275
$10,000 concession bond
$300
$25,000 concession bond
$750
$50,000 concession bond
$1,500
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 the quote updates. Pricing is a flat 3% of that penal sum, $275 minimum, 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

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

Five minutes, 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 →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

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. We price it at a flat 3% of that penal sum, $275 minimum. A $5,000 award lands at the $275 minimum; a $25,000 award is $750. Enter the figure your agreement states and the quote updates.
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? +
A soft pull only. We run a soft credit inquiry to confirm approval — it never affects your credit score, and it never changes your price. Your credit affects whether we approve the bond, not what it costs: the rate stays a flat 3% either way.
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.
Related bonds

Other New York bonds.

Concession bond, issued today.

Five-minute application, soft pull only, flat 3% of your penal sum with a $275 minimum. File with the awarding authority the same day.

Your premium @ 3%$300
Apply now →