Surety Bond Encyclopedia

Consumer Goods Repair Dealer ($5,000) Bond - Statewide in District of Columbia

Brief Summary

Once your DC repair shop has more than five employees, DLCP expects the $5,000 bond, not the $2,000 one. A surety bond lets you meet that requirement for an annual premium instead of handing DLCP $5,000 in cash for the two-year license period.

The District of Columbia Department of Licensing and Consumer Protection (DLCP) requires a $5,000 surety bond from Consumer Goods auto repair and electronics repair businesses with more than five employees. Shops with five or fewer employees post $2,000 instead. The bond must remain in force for the two-year license period.

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How to Apply for a Consumer Goods Repair Dealer ($5,000) Bond:

  • Count the employees in the establishment. More than five means the $5,000 bond.
  • Choose the license type: Consumer Goods (Auto Repair) or Consumer Goods (Electronics Repair).
  • Have the legal business name exactly as it will appear on the DLCP license application.
  • Complete the bond application and review the quoted premium.
  • Receive the executed bond on the DLCP Corporate Surety Bond form.
  • Upload the bond with the license application in BOSS along with the other listed documents.

Detailed Information About the District of Columbia Consumer Goods Repair Dealer ($5,000) Bond:

Which tier applies to you

DLCP ties the consumer goods repair bond to the number of employees in the establishment. More than five employees means a $5,000 bond. Five or fewer means $2,000. The most common error is buying the smaller bond after the staff count has passed five, so count before you apply.

Who posts it

The bond applies to both Consumer Goods license types DLCP issues: auto repair and electronics repair. The business is the principal and DLCP is the obligee. DLCP provides a fillable Corporate Surety Bond form for this category. The bond may come from an authorized insurance carrier or surety company, or the applicant may post a cash bond with DLCP.

What else the license requires

DLCP also lists a Certificate of Occupancy, corporate registration where applicable, tax registration and a Clean Hands certificate, and written estimate and tender of goods and final bill documents. The license runs two years for $99 or four years for $198, and applications are filed online through BOSS.

How premium is set

The surety prices the bond from the owner's credit and business history. Confirm the current bond form and filing steps with DLCP before the bond is issued.

Eligibility and Requirements for a District of Columbia Consumer Goods Repair Dealer ($5,000) Bond:

  • Bond amount of $5,000 for an establishment with more than five employees.
  • DLCP named as obligee on its Corporate Surety Bond form.
  • Bond kept in force for the full two-year license period.
  • Surety must be an authorized insurance carrier or surety company. A cash bond with DLCP is the alternative.
  • Certificate of Occupancy, tax registration and Clean Hands certificate filed with the license application.

District of Columbia Consumer Goods Repair Dealer ($5,000) Bond FAQs:

What separates the $5,000 bond from the $2,000 bond?

Employee count. DLCP requires $5,000 when the establishment has more than five employees and $2,000 when it has five or fewer.

Does this bond cover electronics repair as well as auto repair?

Yes. DLCP applies the same tiers and the same Corporate Surety Bond form to Consumer Goods (Auto Repair) and Consumer Goods (Electronics Repair).

Can I post cash instead?

Yes. DLCP allows a cash bond posted with the department in place of a surety bond.

How long does the bond need to last?

DLCP requires it for the duration of the two-year license period.

Official and Additional Resources for the District of Columbia Consumer Goods Repair Dealer ($5,000) Bond:

Other Statewide Surety Bonds in District of Columbia

$2,000 Notary bond with $10,000 E&O coverage$2,000 Notary bond without E&O coverageAnytime Fitness Franchise Health Club ($25,000)Appraisal Management Company ($25,000) - NMLSAuto Repossession for a Business ($25,000)Auto Repossession for an Individual ($5,000)Boxing and Wrestling Promoter ($10,000)Charitable GameCondo Warranty BondsConsumer Goods Repair Dealer ($2,000)Digital Dispatch ServiceElectricity Suppliers and Marketers Integrity ($50,000)Employment Agency ($100,000)Employment Agency ($50,000)Foreclosure

See all 45 Statewide surety bonds

All Statewide bonds · All District of Columbia surety bonds