Weights and Measures Service Establishment - Corporate Surety Bond
Weights and Measures
Overview
What it is.
Weights and Measures
Who usually needs it
Full-service weights and measures service establishments in New Mexico that install, repair, or service commercial scales, weights and measures devices, or petroleum-related equipment must obtain this bond when seeking registration with the New Mexico Department of Agriculture. The bond ensures compliance with the New Mexico Weights and Measures Law and pro…
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license 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. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
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$1,000ObligeeState of New MexicoBond classLicense BondCategoryOtherBondWeights and Measures Service Establishment - Corporate Surety BondPlain descriptionWeights and MeasuresWho needs this bondFull-service weights and measures service establishments in New Mexico that install, repair, or service commercial scales, weights and measures devices, or petroleum-related equipment must obtain this bond when seeking …
