Not in New Mexico? Browse bonds by state

Santa Fe street cut bonds.
$100 flat.

The City of Santa Fe will not issue a street cut permit until you have a $10,000 street cut bond on file with Public Works. Ours is $100 flat — set by our carrier's rate book, the same for every contractor. The bond issues the moment you pay — no credit check.

✓
Required by City of Santa Fe Public Works before a street cut / excavation permit is issued
✓
Fixed amount, fixed price — $10,000 bond, $100, no quote process
✓
No credit check — the application collects no credit information
A-ratedA.M. Best carriersInstantunderwriting process1–3 yrterms available
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a Santa Fe street cut bond cost?

$100 at the $10,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

A street cut permit is waiting on this bond. Here's the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That is the application. No credit check.

MINUTES, USUALLY

Pay & e-sign

Permit bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with Public Works

Your executed bond arrives by email, ready to file with your City of Santa Fe street cut permit application. Wet-ink original mailed whenever the office insists.

About this bond

What it is and who needs it.

What the bond actually guarantees

When you cut or excavate a public street in Santa Fe, you are opening up pavement the city has to live with for decades. The City of Santa Fe Public Works department requires a $10,000 street cut bond as a condition of the permit — a guarantee that you will restore the street to its approved condition after the work.

It's a three-party arrangement: you (the principal), the surety carrier standing behind you, and the City of Santa Fe (the obligee). If you fail to backfill, compact, and resurface properly — or leave a cut that fails — the city can recover its restoration cost against the bond.

It is not insurance for you. If the surety pays the city, you repay the surety. Contractors who restore their cuts cleanly treat the bond as a permit formality — and we keep it active so a lapse never holds up your next permit.

City of Santa Fe — Public Works (street cut / excavation permits)The City of Santa Fe requires this $10,000 surety bond as a condition of its street cut and excavation permits, administered by the Public Works department; the bond guarantees restoration of the street and its amount is set by the city. We issue it on the city-approved form — send us your permit packet and we will match it exactly.

You need this bond if you're

✓
Cutting or excavating a Santa Fe street — utility, water, sewer, or paving work in the right-of-way
✓
Applying for a street cut permit that Public Works conditions on a bond
✓
A utility or pipeline contractor opening city pavement for a service connection
✓
Renewing a continuous bond so your crews can keep pulling permits all season
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the $10,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

File with Public Works. Your executed bond arrives by email, ready to file with your City of Santa Fe street cut permit application. Wet-ink original mailed whenever the office insists.

What sets the price

The premium is fixed at $100 at the $10,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.

No credit check.

One application, issued instantly.

These are the actual issuing fields. No credit check.

Start the application →
FAQ

Common questions.

How much is the Santa Fe street cut bond?The premium is $100 flat, set by our carrier's rate book for this specific bond — the same for every contractor. The $10,000 bond amount is set by the City of Santa Fe, so there is no quote process.
Do I pay the $10,000?No. You pay $100. The $10,000 is the surety's maximum liability to the city if a valid claim is made — not a deposit, and nobody holds your money.
Who requires this bond?The City of Santa Fe Public Works department, as a condition of issuing a street cut / excavation permit. No active bond, no permit.
Is there a credit check?No credit check: the application collects no credit information. The application has — most applications approve instantly.
How fast will I have the bond?Permit bonds like this are among the thousands of bond types that issue right after purchase — many contractors finish the application and have the bond the same day.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Related bonds

Other New Mexico bonds.

Been told you need a different amount?

Price and requirements checked on the carrier’s application, . Page updated .

Pull your street cut permit today.

$100 flat, no credit check, bond often issued in the same sitting. Free until issued.

Your price$100
Apply now →