Surety bonds are a requirement for New Mexico contractors to obtain a contractor's license. The license classifications for New Mexico can be found in the New Mexico Administrative Code, Title 14.
State Contractor Bond Requirement
The state of New Mexico requires all contractors to obtain a contractor license bond in the amount of $10,000. This bond can be issued instantly online for $100 and must be obtained prior to performing any work within the state.
City-Specific Bond Requirements
Select cities in New Mexico have additional surety bond requirements for specific types of contractors. For example, an excavation contractor in the city of Albuquerque must obtain a $10,000 surety bond. Check with your local government to determine if you require an additional surety bond.
Search all contractor bonds in New Mexico
Over the years, our bonding experts have put together the most comprehensive surety bond library. Most of our contractor bonds can be purchased instantly online in only a few minutes.
Use the list on the right below to browse all of our available contractor bonds in New Mexico You can also try searching by bond amount, obligee, or bond name.