This bond is required for contractors who install barricades, barriers, or safety fencing around construction sites or road work in Bernalillo County, New Mexico. It guarantees that contractors will properly install, maintain, and remove barricades according to county regulations and safety standards. If a contractor …
Overview
What it is.
This bond is required for contractors who install barricades, barriers, or safety fencing around construction sites or road work in Bernalillo County, New Mexico. It guarantees that contractors will properly install, maintain, and remove barricades according to county regulations and safety standards. If a contractor …
Who usually needs it
Contractors performing excavation, barricading, concrete work, or water tapping activities on public roads, sidewalks, and infrastructure within the City of Albuquerque's right-of-way or Bernalillo County public areas. Excavation contractors must hold State License GF-09, GF-98, MM-98, EL-01, or EE-98, while concrete contractors must hold State License GA-0…
Pricing & timing
What to expect.
Generic pricing
Permit bonds are required for specific activities, construction projects, or business operations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger permit bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Many common permit bonds qualify for instant approval with no underwriting required. Requirements vary by j…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateNMBond amount$15,000ObligeeCounty of Bernalillo, New MexicoBond classPermit BondCategoryOtherBondContractor's Barricading BondPlain descriptionThis bond is required for contractors who install barricades, barriers, or safety fencing around construction sites or road work in Bernalillo County, New Mexico. It guarantees that contractors will properly install, ma…Who needs this bondContractors performing excavation, barricading, concrete work, or water tapping activities on public roads, sidewalks, and infrastructure within the City of Albuquerque's right-of-way or Bernalillo County public areas. …
