What Is the City of Lawrence Security Guard Agency Bond?

The Security Guard Agency Bond is a type of surety bond required by the City of Lawrence for businesses that provide security guard services. It acts as a guarantee that the agency will operate in compliance with local laws and ethical standards.

Key Purposes of the Bond:

• Ensures Compliance – Guarantees the agency follows all city laws and security industry regulations.

• Protects Clients & the Public – Provides financial compensation if the agency engages in fraud, misconduct, or fails to meet its contractual obligations.

• Enhances Credibility – A bonded security agency is viewed as more trustworthy and professional.

Bond Amount:

• The City of Lawrence requires a $10,000 surety bond for security guard agencies.

• However, you do not pay $10,000 upfront—only a small percentage of that amount as a premium.

Who Needs This Bond?

In my experience, this bond is required for any business providing security guard services within Lawrence, Kansas, including:

• Private Security Companies – Businesses offering security personnel for businesses, events, or individuals.

• Patrol Services – Agencies providing mobile or on-foot security patrols.

• Event Security Providers – Companies managing security for concerts, festivals, or private events.

• Loss Prevention & Asset Protection Firms – Businesses that specialize in theft prevention for retail stores and warehouses.

If your business involves hiring, managing, or deploying security guards, the City of Lawrence requires you to have this $10,000 Security Guard Agency Bond before issuing your business license.

How Much Does a City of Lawrence Security Guard Agency Bond Cost?

While the bond amount is set at $10,000, the actual cost (premium) you pay depends on several factors.

Factors Affecting Bond Cost:

• Credit Score – Higher credit scores typically result in lower premiums.

• Business Experience – Established agencies may qualify for better rates.

• Financial Stability – A strong financial background can reduce costs.

Typical Cost Range:

• The annual premium for a $10,000 Security Guard Agency Bond generally falls between $100 and $500, depending on your credit and business history.

I’ve found that agencies with good credit often pay on the lower end of this range, while those with lower credit scores may see slightly higher premiums. However, affordable bonding options are available for all types of businesses.

How to Get a City of Lawrence Security Guard Agency Bond

Many security business owners delay the bonding process because they’re unsure where to start. From what I’ve seen, following these simple steps can make securing your bond quick and stress-free:

1. Verify Bond Requirements – Contact the City of Lawrence Licensing Office to confirm the bond amount and conditions.

2. Apply for the Bond – Fill out a short application with business and financial details.

3. Get a Quote – The bond premium depends on credit and financial factors; we help you find the best rate.

4. Purchase the Bond – Once approved, pay the premium and receive your official bond certificate.

5. File the Bond with the City – Submit the bond to the appropriate city department to finalize your licensing process.

In my experience, handling this early in the licensing process helps avoid last-minute delays that could hold up your agency’s approval.