New Mexico Contractor Bond Requirements

In New Mexico, Contractors that do more than $7,200 of construction in a year are required to be licensed and bonded. The bond requirement is outlined in New Mexico Statute 60-13-12 and needs to be filed with the New Mexico Regulation and Licensing Department, Construction Industries Division (CID). The bond amount required is $10,000.

Please note this page is for car dealer licensing. If you're trying to register a vehicle with a missing title, a separate Lost Title Bond is required.

Contractor License Bond

Bond Amount: $10,000

Required by: New Mexico Regulation and Licensing Department

State Acceptance Guarantee

Refund within 30 days

1 Year Bond Starts At

$100

*Based on credit and experience

of total bond amount required

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Got my auto dealer bond through them and the process was very smooth.

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I received a quote within 10 minutes for an auto dealer bond. Great service!

Robert U.

Got a quote with them within half an hour. Very easy to work with.

Jamie V.

Very happy with the service. Quick and was a pleasure to work with.

Neldy G.

Love how streamlined the process of getting a bond was.

How much does it cost?

The New Mexico contractor license bond starts at $100 for a 1 year bond. Based on your credit history, prices for the bond can range from $100-$700. We work with over 10 surety carriers to get you the best prices.

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