Contractors performing water service line or water main line connections (water tapping) into municipal water lines within the City of Albuquerque, New Mexico need this bond. The $10,000 surety bond must be provided when obtaining permits for activities involving water taps and ensures compliance with the City's Street Excavation and Barricading Ordinance d…
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$10,000ObligeeCity of Albuquerque / Bernalillo County WUABond classPermit BondCategoryOtherBondContractor's Water Tapping BondPlain descriptionWater Connections Contractor - Compliance OnlyWho needs this bondContractors performing water service line or water main line connections (water tapping) into municipal water lines within the City of Albuquerque, New Mexico need this bond. The $10,000 surety bond must be provided whe…
