Get Your New Mexico Contractors License

Pass your New Mexico Business and Law contractors exam on your first attempt

New Mexico Business and Law

get new mexico contractors licenseAll qualifying individuals must pass the standard Business and Law examination; in addition, qualifying individuals must pass a second test covering the specific trade or certification area for which they are applying. The Business and Law examination consists of multiple choice questions related to business management and construction law. Applicants can find information below on the breakdown of the topics covered in the examination.

 

New Mexico Contractors License Requirements

 

let us help you get your contractors licenseAnyone engaged in construction-related contracting in New Mexico must be licensed. This includes general construction work, electrical, mechanical and plumbing and LP gas. Applicants qualifying agent must provide proof of required experience (2-4 years depending on classification). The applicant must also submit a certificate of competence. The activities that are considered to be contracting in New Mexico are defined in the Construction Industries Licensing Act, NMSA 1978, Section 60-13-3. More info here.

 

New Mexico Contractors Fees

 

contractors license feesConstruction contractor's license fees: It will cost you $30 nonrefundable to apply for your initial contractor's license. The license itself will cost $150 for each trade except for the trades which have multipart exams. Licenses for these trades are $300 each. Journeyman exams and licenses cost $75. Licenses are good for three years.

 

New Mexico Business and Law Exam Details

 

contractor exam detailed informationThe New Mexico Business and Law Exam has 50 questions and a time limit of 125 minutes. A 75% is required to pass. Topics on the exam include licensing requirements, estimating and bidding, business organization and financial management, tax laws, labor laws, project management and lien law, contractors, risk management, and environment and safety. The fee for the exam is $44. To schedule your exam, you must be first pre-approved. More info here.

Business and Law Exam Content

 

Licensing Requirements
Estimating and Bidding
Business Organization and Financial Management
Tax Laws
Labor Laws
Project Management and Lien Law
Contracts
Risk Management
Environmental and Safety


Total Number of Test Questions: 50


Time Allowed: 125 minutes

 

Books That Are Allowed Into The Exam

 

1. Contractor's Guide to Business, Law, and Project Management, 10th Edition, NASCLA.

 

2. New Mexico Consruction Industries Licensing Act (NMSA Chapter 60, Article 13), 2006.

 

3. New Mexico Contractor's License Requirement (NMAC Title 14, Chapter 6, Part 3), 2006.

 

NOTE: If you are not currently a licensed contractor then you are required to take and pass BOTH the standard LAW exam and TRADE specific exam.

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New Mexico Business and Law Home Study Kit $149

 

complete home study kit saleOur home study materials are available in either books with CD-ROMs version or online downloadable version. Our CD-ROM software is developed using the computer-assisted testing software, which means that no internet or prior computer experience is required. Both CD-ROM and instant online download versions are identical and cover everything you need to study and pass your Business and Law contractors exam. The complete home study kit includes: Business and Law study manual with over 200 pages related to business management and construction law, financial, record keeping, math examples, estimating, safety, and more. Plus 500 hundred of exam practice questions with detailed explanations to all Business and Law exam practice questions. All orders also receive a complete contractors application review, 30-day online exam support, and 24/7 online applicant support.

 

New Mexico Contractors License Reciprocity

 

contractors license reciprocityThe State of New Mexico Licensing Board only has a reciprocal agreement as it relates to journeyman electricians but none for contractors licensing. More info here.