Supplier-owned or supplier-leased sites who want to work with the US Postal Service (USPS) and provide postal products and services are known as Contract Postal Units (CPU). Part of the appointment process with USPS includes submitting a surety bond. The penal amount of the bond must be the minimum needed to protect the Postal Service’s interest. The minimum bond amount is $10,000. This surety bond acts as a guarantee to USPS that the CPU will makes all payments for services rendered.
Some of the services a CPU can provide include:
- Stamped Envelopes
- Stamped Postal Cards
- Priority Mail
- Priority Mail Express Service
- First Class Mail Service
- Standard Post
- Priority Mail Express International
- Priority Mail International
- Insured Mail
- Certified Mail
- Return Receipt
- USPS Tracking
- Signature Confirmation
- Registered Mail
- Global Express Guaranteed Service (GXG)
Pacific Surety will ensure the bond will be acceptable to USPS. Corporate sureties must appear on the list in Treasury Circular 570, and the amount of the bond may not exceed the underwriting limit stated for the surety on the list. Additional details about bond, insurance and taxes can be found here.
We offer industry low prices and can obtain approvals for almost all credit situations, with rates starting as low as 1% with qualifying credit. Once our simple application has been completed, we can have pricing to you within hours. If you have any specific questions, please contact our knowledgeable underwriting staff.