This surety bond is required by the City of Albuquerque, Department of Municipal Development. The bond states that the bondholder shall pay to the City all such amounts due for said permits upon the last day of each month of which such charges are accrued. The required bond amount is $15,000. Typically, the premium on this bond is as low as $100.
To Acquire a New Mexico Payment of Permit Fees Bond:
- 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.