Federal & Healthcare
Contract Postal Unit Bond
A bond a business posts with the U.S. Postal Service when it runs a contract postal unit, a private location that sells postal services under contract.
- Required by
- U.S. Postal Service contracting officers
- Bond amount
- Set by whoever requires the bond. We confirm it.
What this bond guarantees
The bond protects the USPS (the obligee). It guarantees the operator will account for and pay over the money, stamps, postage, money order stock, mail, and other USPS property it handles. A claim arises if the operator fails to remit or loses USPS funds or property.
Who needs it
- Retail stores operating a contract postal unit
- Pharmacies, grocery stores, and shipping stores that sell USPS services under contract
What the underwriter looks at
- USPS accountability (stamp stock and cash held)
- Owner credit
- Business financial statements
Requirements vary by state and by who asks for the bond. Send us the request you received and we will confirm exactly what it calls for.
Common questions
How much bond do I need?
The Postal Service sets the amount in the contract, based on the value of stamps, money, and property your unit handles. One surety reference says the minimum is $10,000; confirm with your contracting officer.
Is the bond required before the contract starts?
Generally yes. USPS policy treats it like a performance and fidelity bond tied to the contract.