New Mexico Weights and Measures Service Establishment Bond Guide
If you’re providing repair services or installing petroleum weights and measures devices or other commercial weights and measures equipment, you’ll need a $1,000 bond.
Bond Overview
- Purpose: To guarantee compliance with state weights and measures rules and regulations
- Who Needs It: Establishments servicing or installing weights and measures devices
- Regulating Body: The New Mexico Department of Agriculture, Division of Standards and Consumer Services
- Required Coverage: $1,000
- Premium Rate: $100 for a 1-year term
What Is a New Mexico Weights and Measures Service Establishment Bond?
All full service companies that install, repair, or service commercial scales in New Mexico must file a weights and measures service establishment bond.
There are two separate bond forms:
- Petroleum weights and measures service establishments
- Weights and measures service establishments
Both require $1,000 coverage and must be filed with the New Mexico Division of Agriculture (NMDA).
How Much Do Weights and Measures Service Establishment Bonds Cost?
The state-required $10,000 bond coverage costs a flat rate of $100 for a 1-year term. Or, you can get a 3-year term for $250, saving $50.
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does a Weights and Measures Service Establishment Bond Work?
A weights and measures service bond creates a legal contract between three parties:
- Principal: The full service establishment filing the bond
- Obligee: The NMDA, Division of Standards and Consumer Services requiring the bond
- Surety: The provider issuing the bond
As the principal, you are responsible for upholding the New Mexico Weights and Measures Law and other applicable regulations.
How Do I Get a Petroleum Weights and Measures Bond in New Mexico?
To get your weights and measures service establishment bond, simply follow these steps:
- Select the bond you need
- Enter your information
- Checkout online
That’s it! We’ll email your official bond documentation within minutes of purchase. Call 1 (800) 308-4358 if you have any questions.
Can I Get Bonded With Bad Credit?
Yes, this bond is available with no application or credit check.
How Do I Renew My Petroleum Weights and Measures Service Establishment Bond?
These bonds expire annually. To renew for another term, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the bond’s expiration date.
