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Potsdam vendor bonds.
$100 flat.

The Village of Potsdam, in St. Lawrence County, requires every vendor, hawker, peddler or solicitor to file a $1,000 bond before the Village Clerk will issue a license under Chapter 128 of the Village Code. Ours is $100 flat — the price you see is the checkout price, and no credit check.

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Required for a Village of Potsdam vendor, hawker, peddler or solicitor license under Chapter 128 of the Village Code
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Fixed price, fixed amount — $1,000 bond, $100, no quote process
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Multi-year terms available — though the license itself must be renewed each year
A-ratedA.M. Best carriersInstantunderwriting process1–3 yrterms available
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 Potsdam vendor bond cost?

$100 at the $1,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

Village license bonds are about the simplest thing in surety. Here's the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That is the application. No credit check.

MINUTES, USUALLY

Pay & e-sign

License bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with the Village Clerk

Your executed bond and power of attorney arrive by email, ready to file with the Village Clerk alongside your vendor, hawker, peddler or solicitor license application. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

Under Chapter 128 of the Village of Potsdam Code ("Peddlers, Solicitors and Transient Merchants"), it is unlawful to act as a vendor, hawker, peddler or solicitor within the Village without first obtaining a license from the Village Clerk. Every applicant must file, along with the application, a $1,000 cash deposit or surety bond — the bond form itself must be approved by the Village Attorney as to form and surety.

The bond is conditioned on final delivery of the goods, wares or merchandise ordered, or services to be performed, in accordance with the terms of the order — or, failing that, on refunding any advance payment the customer made. It also covers reimbursement for fraud, misrepresentation, or any claim arising from a sale. A resident harmed by a licensee's conduct can sue directly on the bond for money or damages.

It is not insurance for you — if the surety pays a claim, you repay the surety. Under Village Code §128-10, the license itself automatically expires on January 1 following issuance (unless it states an earlier date), so most vendors, hawkers, peddlers and solicitors renew the license — and the bond behind it — every year.

Village of Potsdam Code §§ 128-3, 128-5Village of Potsdam Code §128-3 makes it unlawful to act as a vendor, hawker, peddler or solicitor within the Village without a license. §128-5 requires every applicant to file, with the application, a $1,000 cash deposit or surety company bond (or other bond secured by sufficient collateral), approved by the Village Attorney as to form and surety, conditioned on final delivery of goods/services ordered or refund of advance payments, and on reimbursement for fraud, misrepresentation, or any claim arising from a sale. §128-10 sets the license's automatic expiration at January 1 following issuance. Article I of Chapter 128 was adopted by the Board of Trustees 7-12-1971 as Chapter 17 of the 1971 Code.

You need this bond if you're

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Applying for a Village of Potsdam vendor, hawker or peddler license — anyone selling or offering goods, wares or merchandise from a vehicle, street, public place, or house to house within the Village
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Applying for a solicitor license — anyone taking orders for goods, services, or future delivery door to door or in a public place
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Renewing a Potsdam vendor or solicitor license before its January 1 expiration
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An employer whose employees also sell or solicit — Village Code §128-12 requires each employed vendor or solicitor to hold their own license as well
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 $1,000 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; a longer term is the same price per year, chosen at checkout.

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

File with the Village Clerk. Your executed bond and power of attorney arrive by email, ready to file with the Village Clerk alongside your vendor, hawker, peddler or solicitor license application. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $100 at the $1,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.

No credit check.

One application, issued instantly.

These are the actual issuing fields. No credit check.

Start the application →
FAQ

Common questions.

How much is the Village of Potsdam vendor bond?The premium is $100 flat — set by our carrier's rate book for this bond, the same for every vendor, hawker, peddler or solicitor. The $1,000 bond amount is fixed by Village Code §128-5, so there is no quote process.
Do I pay the $1,000?No. You pay $100. The $1,000 is the maximum a resident or the Village can recover against the bond if a valid claim is made — not a deposit, and nobody holds your money.
How fast will I have the bond?License bonds like this are among the thousands of bond types that issue right after purchase — many applicants finish the application and have the bond in the same sitting.
Is there a credit check?No credit check: the application collects no credit information. Most applicants approve instantly.
Does everyone need this license and bond?No. Village Code §128-2 exempts court-ordered sales, wholesale-to-dealer sales, applicants under 18, farmers and truck gardeners selling their own produce, berry pickers selling their own berries, and honorably discharged veterans holding a County Clerk license under the General Business Law. Registered nonprofits are also exempt from the license and bond, but must still register annually with the Village Clerk.
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 .

Finish your Potsdam vendor license today.

$100 flat, no credit check, bond often issued in the same sitting. Free until issued.

Your price$100
Apply now →