NM tax bonds.
Flat 3%. Enter your amount.
The bond the New Mexico Taxation and Revenue Department can require to secure tax it collects. The most common version is the out-of-state contractor gross-receipts tax bond under NMSA 7-1-55, sized to the tax on a construction contract. We issue the amount the Department or your contract sets at a flat 3% with no credit check.
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Apply to filed in one sitting.
No underwriting queue for the standard tax bond — enter your amount, pay, and file with Taxation and Revenue. Here is the whole thing:
Apply online
Your business details, the bond amount the Department or contract required, and the effective date — that is the entire application.
Issued on the spot
No credit check and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
File with Taxation and Revenue
Submit the executed bond to the Taxation and Revenue Department to secure the tax. Wet-ink originals mailed whenever the Department insists.
The whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the tax to be secured and the premium updates.
What it is and who needs it.
What the tax bond actually covers
New Mexico's gross receipts tax (GRT) applies to most business done in the state. For an out-of-state contractor with no principal place of business in New Mexico taking a prime construction contract, NMSA 7-1-55 requires a surety bond — or other acceptable security — to secure the GRT on that contract.
The bond amount equals the gross receipts to be paid under the contract multiplied by the applicable GRT rate (state plus any local-option rates). If the contract value changes by 10% or more after the bond is filed, the contractor must adjust the bond within 14 days.
More broadly, the Taxation and Revenue Department can require a tax bond as security in other situations. The bond stands behind the tax you owe — if you fail to remit, the Department can recover against it. Enter the amount required and we issue at a flat 3% with no credit check.
You need this bond if you are
Five minutes, issued on the spot.
Submit the application with the bond amount the Department or your contract requires — the executed bond is generated instantly, ready to file.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the New Mexico tax bond? +
Who has to file the contractor tax bond? +
What if my contract amount changes? +
Is there a credit check? +
Can I post cash instead? +
Other New York bonds.
Tax bond, issued today.
Five-minute application, flat 3%, $275 minimum. Enter the amount to be secured and file the same day.