This surety bond is required by the City of Albuquerque under the City’s Street Excavation & Barricading Ordinance, 6-5-2-3 (A)(2). The bond states that the bondholder shall excavate and restore the public place in such a way as to comply with all requirements of the City’s Street Excavation & Barricading Ordinance. The required bond amount is $10,000. Surety1 can typically write this bond for as little as $100.
To Attain a New Mexico Excavation Bond, City of Albuquerque:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.