§ 94.030 LIABILITY INSURANCE; SELF- INSURANCE; BONDING.
   (A)   Certificate of insurance. No person other than a utility company shall make a road cut, enter a substructure opening, perform road cut work or utilize county rights-of-way until filing with the county a certificate of insurance establishing that such person is adequately insured according to New Mexico Tort Claims Act, NMSA § 41-4-19, as amended against bodily injury or personal injury to any person, and against liability for damages, other than the work itself; because of injury to or destruction of tangible property, including loss of use resulting there from. Each insurance certificate shall provide that the county be given at least 30 calendar days’ notice of cancellation in writing by the insurance company.
   (B)   Form and type. A utility company shall at all times maintain insurance or may self insure against all risks and perils set forth above for the reasonable limits of liability set by the NMSA § 41-4-19 as amended and the county, in a form and type acceptable to the county which approval will not be unreasonably withheld.
   (C)   Performance bonding. A performance bond in the amount of $15,000 shall be kept on file at the Department along with the contractor’s license and insurance documents.
(Ord. 2006-02, passed 3-17-2006) Penalty, see § 94.999