New Mexico Contractor
The New Mexico Contractor is a $10,000.00 bond.
This bond is available in 1, 2, or 3 year terms.
The Contractor Bond is a financial assurance that a contractor will complete a job to a client's satisfaction. The bond is a requirement for the issuance of an active license, reactivation of a license, and for the maintanance of an actively renewed license. The bond is filed for the benefit of consumers who may be damaged as a result of defective construction or other license law violations, and for the benefit of employees who have not been paid wages that are due to them.
Ashton Agency has a 100% approval rate and offers the $10,000 New Mexico contractor bond for just $75 for one year, $150 for two years, or $225 for fiver years! No one is turned down - all we need is your signed application with payment and we'll issue your bond the same day!
Who needs a contractor bond?
In the State of New Mexico, contractors are required to obtain a surety bond to be in compliance with section 60-13-49 of the New Mexico Construction Industries Licensing Act.
What is the contractor bond?
The contractor bond protects the party requesting the surety bond, the Obligee, against any financial losses as a result of poor financial choices, damages, unethical decisions, or a failure to adhere to state and local laws on the part of you, the Principal. By obtaining your contractor bond, you are telling the Obligee that you can be trusted and that you stand by your business decisions. The bond is filed for the benefit of consumers who may suffer damages as a result of defective construction or other license law violations, and for the benefit of employees who have not been paid wages that are due to them.
What else do I need besides the bond?
The New Mexico Construction Industries Division requires all licensed contractors to hold workers' compensation coverage as required under section 52-1-1 et seq. of the New Mexico Workers' Compensation Act.
Ashton Agency can write your liability coverage too. Contact us today at (800) 452-2663 for a free, no-obligation quote on both your bond and insurance! We can write your bond for up to one year. Let us save you money!
Not sure what else you might need to get licensed or renewed? Check out the requirements here!
The Florida contractor bond is also known as: Florida commercial contractor bond, general contractor bond, financial responsibility contractor bond.
I have everything I need. What now?
Contractors will submit the original signed bond form to the State of New Mexico Regulation and Licensing Department at the following address:
Construction Industries Division
Regulation and Licensing Department
2550 Cerrillos Road
Santa Fe, NM 87505
The New Mexico Construction Industries Division may be reached by phone at (505) 476-4700.
Get Bonded Within One Business Day!
Only Ashton Agency can provide you with:
- The lowest price for your dealer bond.
- Quickest Turnaround time.
- The ability to meet or beat any competitors' pricing.
Everyone needs a dealer bond, but by contacting the Ashton Agency, you can be sure you'll be getting the best price available, not to mention our stellar customer service and insider knowledge of the auto industry. We've been helping auto dealers get bonded for more than 45 years. Let us put that experience to work for you today!
Call us now at (800) 452-2663 for a free quote and we will contact you within 24 hours. We can assist you over the phone to ensure you receive your bond quickly and easily!
Don't have time to speak on the phone? Please fill out our easy online application and fax to (503) 253-1353. We can get you started right away!
A Better Price Starts Right Here, New Mexico!
Let's start with some basic information about your company to get going on your new Bond or Insurance. Please note that anything marked
must be completed before you can submit the form.
Prefer To Call?
We would love to help you over the phone. Call us at (800) 451-4854!