What is an Airport Security Bond?

An Airport Customs Security Area Bond, or Airport Security Bond is an agreement to comply with Customs Regulations within Customs security areas at an airport. Companies working within Customs security areas, or areas “accommodating international air commerce designated for processing passengers, crew, their baggage and effects arriving from foreign countries, as well as the aircraft deplaning and ramp area and other restricted areas designated by the port director” (19 CFR 122.181) are required to post a bond. This is usually designated as an activity code 11 bond on Customs Form 301. The bond provides a guaranty to CBP that if the bond principal (including its employees) fails to comply with Customs regulations that all liquidated damages will be paid by the obligors. If the applicant’s employer is the principal on an importer or brokers, custodian of bonded merchandise or international carrier bond a separate bond may not be needed. An Airport Security Bond may not be used to import goods into the United States.

Airport Security Bond Size Requirements:

The minimum size of an Airport Security Bond is $10,000. This is usually based on a calculation of $1000 per employee with Customs security area access. This amount may be adjusted at the discretion Port Director of the International Airport where the bond is filed.

Who needs an Airport Security Bond:

Common companies requiring Airport Security Bonds include:

• Service Companies
  • Restaurants
  • Coffee Shops
  • Vending Machine Operators
  • Independent Retail Stores
  • Custodial/Janitorial/Housekeeping firms
• Construction Companies
  • General Contractors
  • Sub-contractors
  • Excavation Contractors
• Professionals
  • Architects
  • Engineers

Why Choose TRG for your Activity Code 11 Bond:

Since 1991, Trade Risk Guaranty has been working directly with contractors, construction, service and maintenance companies to provide competitive pricing and peak client experience for their Airport Security Bonds. Our long relationships with top-rated sureties and industry expertise give us the ability to write the bonds that others simply cannot.