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Owing to the vast number of properties managed by LBPM, we're able to send many of our recommended vendors and service providers enough work to keep them busy at all times. Our vendor partners save a tremendous amount of their annual marketing and advertising budgets simply by way of the volume of business we generate for them. LBPM is always looking for solid, reliable vendors to add to our list. If becoming an LBPM Approved Vendor is something that interests you, we would like to hear from you!

LBPM APPROVED VENDORS

Earn more business when you partner with LBPM

LBPM manages and maintains hundreds of properties in the greater Los Angeles area, including multi-family residential properties, homeowner associations, commercial properties, and single-family homes. To support these properties, we work with a number of select third-party vendors in all the trades needed to maintain these properties: landscapers, electricians, plumbers, handymen, painters, etc. We also partner with many professional service providers such as accountants, engineers, lawyers, and reserve study specialists to serve our clients’ needs.



Qualifications

We believe our vendors are an extension of our company. Your work — good or bad — is a reflection on us. Therefore, we demand top-quality work, and do not tolerate second-rate performance.


We have a rigorous application process:

Your company must be established and viable. No start-ups or one-man operations.

You must have at least a $1M liability insurance policy

You must carry workers compensation insurance

You must stand behind your work, honor all warranties, and operate with the understanding that the job is done only when the customer is satisfied

Ready to take the next step? Please continue to the next page to Register Your Business.

STEP 1: Register your business with Net Vendor


NetVendor is a 3rd-party monitoring company that we use to track all the necessary certifications, insurance and other credentials information for all our vendors. When registering, you will need to submit evidence licensing as well as liability insurance and workers comp insurance. NetVendor won’t accept insurance certs from anyone except the carrier/agent. Please note that NetVendor charges a $119 fee annually.


Once you’ve registered your company with NetVendor and provided the necessary certifications, they will send you a Vendor ID number, which we’ll need.



Register With NetVendor

STEP 2: Add your business to our company database.


You will need to include your NetVendor Vendor ID number to complete registration. That’s it! This process has been streamlined to make it easy for top vendors to register with LBPM.


Add your business to our company database

No Guarantees of Work: Registering your company with NetVendor and adding it to our Approved Vendors list does not guarantee that your company will be solicited to bid for jobs or to provide service. When service is required at one of our properties, we may be obligated to select a pre-approved vendor the client has designated, rather than one from our own list. With that said, LBPM is always looking for solid, reliable vendors to add to our list.


Your work is a reflection on us. We want to work with the best!

VIP VENDORS PROGRAM

Put your business in front of thousands of property owners each month

ADVERTISING

LBPM offers an advertising program to a select group of our top vendors to help promote their services to our clients and property supervisors. These select companies are allowed to purchase advertising space on the LBPM website, where their ads may be seen repeatedly by LBPM clients and property owners each time they visit the site (to check in on their property or download their monthly operating statements).

REQUIREMENTS

We have organized the ads into broad service categories (insurance, financial services, real estate, construction and maintenance, etc.) to make it easier for our clients and supervisors to quickly find the service they need. The end result is similar to what our clients might find in the Yellow Pages or on a review site like Angi, except that we only feature those preferred vendors that (1) we have an established track record with, and (2) meet our stringent requirements:

  • Must be an approved LBPM vendor in good standing
  • Must be established and viable. No start-ups or one-person operations.
  • Must have at least a $1M liability insurance policy
  • Must carry workers compensation insurance
  • Must stand behind your work, honor all warranties, and operate with the understanding that the job is done only when the customer is satisfied
GETTING STARTED

Advertising with LBPM is a simple and inexpensive way to put your company in front of a highly-targeted group of property owners and investors.


Ready to get started? Please complete the LBPM Advertising Request, and one of our team members will follow up with you.

Advertising Request Form

LBPM Preferred Vendor FAQs

  • How do I become a registered LBPM vendor?

    In order to become an authorized LBPM vendor, you must first register with NetVendor. Please note that there is a $119.00 annual registration fee. NetVendor hosts the registration site and it is branded http://www.netvendor.net/lbpm.  Go to this location and read more about the specifics to the registration.

  • How much does the service cost?

    The fee is $119 per vendor per year paid directly to NetVendor. Once a vendor is certified with NetVendor they are eligible to work across the entire LBPM portfolio of over 1,400 commercial, multifamily, HOA and other properties managed by LBPM.


    The $119 annual fee is paid directly to NetVendor; not to LBPM. LBPM does not profit from this partner's credentialing service. We simply use NetVendor as a tool to make sure every client is properly protected, at all times. We often tell vendors to save the money they would have ordinarily spent on impressing us with bagels and donuts or other marketing offerings and instead, pay the $119 to get compliant and stay compliant with their compliance responsibilities.

  • How long does it take a vendor to sign up?

    About 5 minutes. To get the process started, simply click http://www.netvendor.net/lbpm

  • What's the normal time it takes a vendor to get approved?

    Usually within an hour. Certification is a relatively fast process assuming the vendor has proper insurance in place to meet your requirements at the time of registration and their insurance agent responds promptly to our requests.

  • What are LBPM vendor requirements?

    At LBPM we believe our vendors are an extension of our company. Their work — good or bad — is a reflection on us. Therefore, we demand top-quality work, and do not tolerate second-rate performance. A vendor must be established and viable. No start-ups or one-man operations. We require that the vendor must have at least a $1M liability insurance policy and must carry workers compensation insurance. We also require that the vendor must stand behind their work, honor all warranties, and operate with the understanding that the job is done only when the customer is satisfied.

  • How do I become a registered LBPM vendor?

    In order to become an authorized LBPM vendor, you must first register with NetVendor.
    Please note that there is a $119.00 annual registration fee. NetVendor hosts the registration site and it is branded http://www.netvendor.net/lbpm.  Go to this location and read more about the specifics to the registration.

  • How do you onboard our existing vendors?

    When a new client hires LBPM or a new vendor is hired, NetVendor will send invitation letters under LBPM letterhead.

  • What if a vendor doesn't want to sign up online?

    In the event that a vendor does not have Internet access, NetVendor has live customer support available to assist during normal business hours.

  • Are the vendors required to pay a separate fee for each property?

    No. The fee is collected once annually, regardless of how many properties are being serviced. Once a vendor is signed up they are eligible to work throughout the LBPM portfolio.

  • How are vendors notified if they aren't compliant?

    Non-compliant notices are sent via email.  NetVendor also has a compliance team of customer service representatives who contact insurance agents and vendors to assist in resolving non-compliant issues. At LBPM, vendors who have dropped their proper insurance coverage will not be paid until they are compliant or a waiver is signed by the board or owner.

  • Do you archive previous years' certificates of insurance, agreements, W9's, etc?

    Yes. All certificates of insurance, endorsements, W9’s, agreements and other required documents are archived and accessible indefinitely.

  • Does NetVendor have a bilingual customer service staff?

    Yes, Spanish speaking customer service representatives are available to assist during normal business hours.

  • What if I already hired a vendor who is not compliant and they have already done the work. How can I get them paid?

    While LBPM again strongly recommends you do not hire any non-credentialed or improperly credentialed workers, we do acknowledge that we are not the owners of the property and the board/owners can hire who they want. However in our over 35 years of business we have seen countless situations where an uninsured vendor has been responsible for untold sums of money in damage and legal liability. It is your prerogative to bring in any vendor you see fit, however if they are not in our system and their insurance is not provided, LBPM requires the board/owner to sign a document waiving LBPM of any responsibility for bringing in the uninsured vendor. This waiver will be provided to you for signature. Please consult your attorney and insurance agent and review the waiver with them and obtain their professional position on the document before signature.

  • What if my vendor doesn't want to enroll in this program or pay the signup fee?

    This program is set up for all parties’ protection. Often vendors are receiving very lucrative jobs from LBPM clients. To ensure that their clients have the peace of mind knowing they are properly insured it is certainly worth it to sign up with NetVendor. It is recommended this be discussed with any vendor before any work commences on the property. Again, please note that the $119 charge is from NetVendor and does not benefit nor profit LBPM in any way. NetVendor is a third party vendor partner  responsible for helping protect LBPM and our clients.
    http://www.netvendor.net/lbpm

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