Excavation Contractor Package - New Mexico 2025

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  1. Click ‘Get Form’ to open the Excavation Contractor Package in our editor.
  2. Begin with the 'Excavation Contract - Cost Plus or Fixed Fee' form. Fill in the project details, including scope of work and site information, ensuring compliance with New Mexico laws.
  3. Next, complete the 'Change Order Sheet' if any amendments are needed. Clearly specify changes to avoid misunderstandings.
  4. Use the 'Certificate of Completion' form to certify that all work has been satisfactorily completed. Ensure all parties sign this document.
  5. Maintain a record of bids using the 'Bid Log'. Enter details such as due dates and bid prices for effective tracking.
  6. If following up on bids, utilize the 'Bid Follow Up Letter' template to communicate with clients or agencies.
  7. Complete the 'Worker Safety and Health Plan' to ensure compliance with safety regulations and reduce workplace injuries.
  8. Document equipment usage with the 'Weekly Equipment Summary', noting maintenance and repairs for accountability.
  9. Summarize project tasks and expenses using the 'Summary of Estimate' form to assist in contract pricing.
  10. Finally, fill out the 'Construction Project Information Sheet' to identify key parties involved and project commencement dates.

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A New Mexico contractor license bond of $10,000 is required for licensing in the state, but contractors are not responsible for paying the full bond amount. The surety company providing the bond charges a small percentage of the bond total, which is typically between 1 and 10 percent of the bond.
New Mexico general contractor licensing fees The fees for a general contractor license are between $150 and $300. If you need a certificate to apply for a license, there are fees involved: Contractor License Certificate fee $6 (per certificate) Contractor Qualifying Party Application fee $30.
If you want to start a construction business, you must first hold the credential or employ a Qualifying Party, i.e. someone who holds a contractor license to perform the scope of work you intend your business to perform. This work includes general construction work, electrical, mechanical and plumbing, and LP gas.
The cost to obtain a contractor license in New Mexico includes: Qualifying party application: $36. Exam fees: $68.88 for required Business and Law exam, $134.53 for GB-2 Residential exam, and $269.06 for the GB-98 General Building exam (which includes a portion for GB-2)
It can take 710 business days to process a complete application for a New Mexico contractors license.
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People also ask

Idaho. Idaho does not have a state licensing requirement for general contractors. They require contractors working on projects valued more than $2,000 to register their business with the Idaho Contractors Board. However, anyone performing electrical, HVAC or plumbing contracting work does require a state-issued license

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