New York City Oil-Burning Equipment Installation Bond

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The New York City Oil-Burning Equipment Installation Bond is required by The City of New York. The bond states that the bondholder will pay, or cause to be paid, to the City of New York any and all loss or damage suffered by any person by reason of failure to install such oil-burning equipment in accordance with the rules of the Board of Standards and Appeals of The City of New York relating to oil burners.

The amount of the New York Oil-Burning Equipment Installation Bond required depends on the type of work being performed and the size of the business. Here are some examples:

• Oil burner installation and repair: $10,000 bond
• Oil burner service and maintenance: $5,000 bond
• Oil burner sales: $2,500 bond

Businesses that perform multiple types of oil burner work may be required to obtain a bond for each type of work. For example, a business that installs and repairs oil burners would need to obtain a $10,000 bond for each activity.

The bond amount may also be increased depending on the size of the business. For example, a business with more than 10 employees may be required to obtain a bond that is larger than $10,000.

What are the requirements for a New York City Oil Burning Equipment Installer License?

All applicants must be at least 18 years old, fit to perform the work and have good moral character. they should also be able to read and write English. When applying for the license, they will need to pass both the written and practical exam and pass the background investigation. During the background investigation, applicants must bring the following documents:

• Examination scores
• Application form
• Supplemental Investigation Questionnaire
• Physical Exam Form
• Experience Verification Forms
• Certified Social Security History of Earnings
• Photo ID
• Original Social Security Card
• Original birth certificate
• Proof of residence
• Latest W-2
• Two passport-sized photos
• Child support certification forms
• $500 for the background investigation fee

How do I obtain a New York City Oil-Burning Equipment Installation Bond?

At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:

1. Complete the easy to navigate and secure online application. ¹
2. Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
3. Sign some paperwork and pay the bond premium

Once these steps have been completed, the Surety Bond will be shipped to the bond applicant.
^{1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.} 

Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.