Preheat oven to 350° F. Spray two 8 1/2" loaf pans with nonstick spray (or you can use butter).
Using a stand mixer, cream sugar and oil together.
Add eggs and pumpkin and mix well.
Sift dry ingredients together.
Add to pumpkin mixture, alternating with water, blending until just mixed.
Add mini chocolate chips to batter and mix briefly.
Remove bowl from mixer, and fold batter gently to ensure even distribution of all ingredients.
Pour into loaf pans and let rest for 5 minutes (creates a higher crown).
Bake at 350° F for 1 1/2 hours, turning halfway through for even cooking.
Test doneness with a toothpick in the center.
Remove from oven when done and let stand for 10 minutes.
Remove from pans, cover lightly and allow to cool completely.
Wrap securely with plastic wrap and refrigerate.
