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New Mexico Business Law

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Requirements:

* Any one engaged in construction-related contracting in New Mexico must be licensed.
 
* The New Mexico Business and Law exam is required to be passed to obtain your contractor’s license in New Mexico along with your trades exam.

* Pre-Approval is required to sit for the exam. Approval takes 7 business days on average.

Board Contact Information:

New Mexico Regulation & Licensing Department
Construction Industries Division

Toney Anaya Building
2550 Cerrillos Rd.

Sante Fe, NM 87113

Phone: 505.476.4770
Website: http://www.rld.state.nm.us/construction/default.aspx


To obtain a license application and other forms for New Mexico, go to https://public.psiexams.com/index_login.jsp

Test Information: This New Mexico contractor's exam covers information in the 9 subject areas below. The questions are created from content in the NASCLA Business Law and Project Management book shown below the following chart.
Candidate Information Bulletin: Click here to download the bulletin.

Exam Fee:
$68.88
Number of Questions:
50
Passing Score: 75% (38 Points)
Time Limit: 125 Minutes

Subject Area Number of Questions
Licensing Requirements 8
Estimating and Bidding 5
Business Organization and Financial Management 8
Tax Laws 5
Labor Laws 4
Project Management and Lien Law 4
Contracts 8
Risk Management 4
Environmental and Safety 6
New Mexico Business Law Complete Study Pack
New Mexico Business Law Complete Study Pack
Price: $189.95
New Mexico Business Law Complete Study Pack
This course covers the required New Mexico Contractor Business and Law exam. It is a requirement for Contracting as well as various other N.M. State Licenses. It includes: prep course,reference book,printed book tabs,audio cd,and a printed study guide.
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New Mexico Business Law Exam Prep
New Mexico Business/Law for General Contractors Prep Course
Price: $99.00
New Mexico Business/Law for General Contractors Prep Course
This contractor prep course is for the New Mexico General Contractor Business and Law exam. The program consists of online presentations reviewing the reference book, practice exams and a home study guide. This course is INCLUDED in the full package.
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NASCLA Contractors Guide to Business, Law & Project Mgt, Basic 11th Edition
NASCLA Contractors Guide to Business, Law & Project Mgt, Basic 11th Edition
Price: $59.95
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NASCLA Contractors Guide to Business, Law & Project Mgt, Basic 11th Edition
NASCLA Contractors Guide to Business, Law, and Project Management. This book is for the Business and Law Exam for State Builder Contractor Licenses. The exam based on this book is also required for various other State Licenses.