Hi there
If you have enough clear laquer on the bumper you can simply sand the runs out using a small block and some P1200 wet or dry paper. You have to be very careful not to sand through the clear and into the base though. Once the run is sanded out use a product called Farecla G3 to buff up to a gloss.
To be honest - maybe you would be as well blocking out the runs with P600 wet or dry paper and repainting the whole bumper, being careful next time not to get runs.
Either way - good luck
Stewart - www.EveryCarPart.co.uk
December 2006