Do all modular homes manufacturers need to be licensed and bonded

[Valeryia Kalantayeva]

Hi everyone

We are a startup building modular homes in New Mexico. We are just starting out, planning our first model home. However, upon our last discussion with local CID, they told us that we need to have a Modular Manufacturer Bond with the State prior to registering with the State and getting building permits. The sum is too large to come up with upfront, so I'm trying to double check if this is an absolute requirement.

Is it? Do other house types manufacturers also must be bonded?

Don't want to ask this the CID as we are trying not to come off as unprepared. Will talk to them again once i find out some other options or lack of thereof. 

If anyone knows anything, let me know.