Nevada Residential & Small Commercial Contractor (B-2)

License Requirements

PRE-APPROVAL: Applicants must submit an application to the state licensing board to obtain approval before being eligible to take the exams. Part of the application process includes submitting to a background check.

EXPERIENCE REQUIRED: Applicants must be able to document a minimum of four (4) years of experience to qualify for a license.

FINANCIAL REQUIREMENTS: All applicants must submit current financial statements to the state licensing board. Monetary limits are set based on financial standing. If seeking a financial limit less than $1,000,000 the statement must be compiled, reviewed or audited by a CPA. When seeking a monetary limit of $1,000,000 or more, the financial statement must be reviewed and audited by a CPA.

BOND / INSURANCE: All contractors are required to obtain a bond. The amount of the bond ($1,000 - $500,000) is determined by the board based on license type, monetary limit, past, present, and future financial responsibility, experience and character of the applicant. It is possible to used a cash deposit that is held by the board, with a yearly $100 fee, may be used in place of a bond. All contractors are required to carry worker’s compensation insurance.