New Jersey Elevator, Escalator and Moving Walkway Mechanic Bond

Bond Penalty: $10,000

New legislation has been enacted requiring a New Jersey elevator, escalator and moving walkway mechanic license bond from all operators and imposes new examination and experience requirements. New Jersey Division of Consumer Affairs has established the Elevator, Escalator, and Moving Walkway Mechanics Licensing Board. The licensing regulations include some grandfathering authority for current practitioners and grant a twelve (12) month period for compliance with the new law. The elevator, escalator and moving walkway mechanic bond is described in Chapter 71 (C.45:14H-12) of the general statutes.

Pursuant to the statute, "no elevator mechanic licensed under the may perform any construction work in New Jerseay unless and until the mechanic has filed a surety bond in favor of the State of New Jersey in a sum established by the Board $10,000), executed by a surety company authorized to transact business in the State of New Jersey and approved by the Department of Banking and Insurance. The elevator mechanic bond must be conditioned upon the faithful performance of the provisions of the new state act and Board regulations. No municipality may require similar surety bond from any elevator mechanic licensed under the new act. The escalator mechanic bond must be valid for a term of twelve (12) months at which time it must be renewed for for a similar period."

The Board provides a helpful "Top Tips" white sheet for licensees and license candidates. You may review it here. Application materials should be directed to:

New Jersey Elevator, Escalator, and Moving Walkway Mechanics Licensing Board
Philamena Tucker, Executive Director
P.O. Box 45054
Newark, NJ 07101
(973) 504-6260

New Jersey surety bond leader, Surety One, Inc. is a specialist in providing for the bonding needs of general and mechanical contractors. We offer this class of surety bond and performance bonds to all applicants in every state where contractors must be bonded. Call (800) 373-2804, email Underwriting@SuretyOne.com or click here for a live chat regarding a New Jersey elevator, escalator and moving walkway mechanic bond application or to discuss your particular needs.

Surety bond application review and quoting are free of charge. There is no obligation to purchase.

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