Lumber Liquidators Inc Installation Provider Bond - Statewide in Florida
Table of Contents
Brief Summary
This bond is not a state license requirement. It is a condition Lumber Liquidators sets for independent installers who take on flooring jobs sold through its stores. Getting it issued quickly, in the exact amount and wording the company asks for, is what lets an installer start receiving work.
The Lumber Liquidators Inc Installation Provider bond is a private obligee bond. The installer is the principal, Lumber Liquidators, Inc. is the obligee, and a surety company guarantees that the installer will perform its installation work and meet its obligations under its agreement with Lumber Liquidators. The bond amount and the bond form are set by Lumber Liquidators, so get both from the company before the bond is issued.
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How to Apply for a Lumber Liquidators Inc Installation Provider Bond:
- Get the required bond amount and any required bond form from Lumber Liquidators.
- Have the installer's legal business name exactly as it appears on the installation provider agreement.
- Owner name and home address for the credit review.
- Complete the bond application and review the quoted premium.
- Pay the premium and receive the executed bond.
- Deliver the bond to Lumber Liquidators as the company directs.
Detailed Information About the Florida Lumber Liquidators Inc Installation Provider Bond:
A company requirement, not a state one
Installers often look for this bond on a Florida licensing site and come up empty. That is because the obligee is a private company, Lumber Liquidators, Inc., not a state agency. The requirement comes from the installation provider relationship between the installer and Lumber Liquidators, and the terms live in that agreement.
What the bond guarantees
A surety bond is a three party promise. The installer, as principal, agrees to do the work and honor its commitments. Lumber Liquidators, as obligee, is the party protected. The surety backs the installer's promise. If the installer fails to meet the obligations the bond covers and Lumber Liquidators suffers a loss as a result, Lumber Liquidators can make a claim against the bond up to its amount. Any claim the surety pays is owed back to the surety by the installer. The bond protects the company and, through it, the customers whose floors are installed. It is not insurance for the installer.
Amount and form
Lumber Liquidators decides the bond amount and the wording. Use the amount shown in this listing only after you confirm it matches what the company has asked you for, and ask whether it requires its own bond form or will accept the surety's standard form. Having the installer's legal business name match the installation provider agreement exactly avoids a rejected bond.
Other requirements stay separate
The bond does not replace any Florida or local license your work may need, and it does not replace any insurance the company requires of installers. Those are separate items to confirm with Lumber Liquidators and with the local building authority where you work.
Eligibility and Requirements for a Florida Lumber Liquidators Inc Installation Provider Bond:
- Lumber Liquidators, Inc. named as obligee.
- Installer named as principal, matching the installation provider agreement.
- Bond amount and wording as specified by Lumber Liquidators.
- Owner credit review to set the premium.
Florida Lumber Liquidators Inc Installation Provider Bond FAQs:
No. It is required by Lumber Liquidators, Inc. of installers who perform installation work tied to its sales. Any state or local license you need is a separate matter.
Lumber Liquidators sets the amount. Confirm it with the company before the bond is issued so it matches what they expect.
The obligee, Lumber Liquidators, Inc., if it suffers a loss because the installer did not meet the obligations the bond covers.
The surety prices it on the bond amount and the owner's credit and business history. You see the quote before you buy.
