To guide persons on outfitting excursions upon Colorado public land or land owned by the BLM, you need to be licensed as a Colorado Registered Outfitter. One of the prerequisites of licensure is to possess a Colorado Registered Outfitters Bond. You need to check with Colorado Department of Regulatory Agencies for your required bond amount.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Colorado Outfitters Guide Bond holds you accountable for your business decisions.
By possessing a Colorado Outfitters Guide Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.