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Kentucky concessionaire bonds.
From $100.
The park, venue or public facility that awards you a concession contract 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. The premium is 2% of that bond amount, with a $100 minimum.
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Three steps to bonded.
Your concession award is waiting on this bond. Here's the entire process — no broker phone tag:
Apply once, online
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.
Approved
Most are approved as soon as you apply. The credit check is a soft pull that never affects your score. If it needs a second look, one to two business days at most.
E-sign & deliver to the obligee
Pay online and receive the executed bond, ready to deliver to the body that awarded your concession. Wet-ink originals mailed on request.
What it is and who needs it.
What the concessionaire bond actually covers
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 — never a hard inquiry — as part of approval; the premium itself is 2% of your contract's bond amount, with a $100 minimum.
You need this bond if you are
One application, issued instantly.
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 issued when you pay.
Start the application →Common questions.
Other Kentucky bonds.
Your concession award is waiting on one document.
Premiums from $100, short application, bond issued when you pay. Free until issued.