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General Contractor License Requirements in New Mexico

Licensing AuthorityRegulation and Licensing Department, Construction Industries Division (CID)
License TypeGB-98 - General Building
Experience RequiredGB-98: 4 years (8,000 hours) of foreman-level practical or related trade experience, with at least 2 years of commercial experience. GB-2: 2 years (4,000 hours) of foreman-level experience.
Exam RequiredYes — Business and Law Exam + GB-98 General Building Trade Exam
Bond RequiredYes — $10,000
InsuranceGeneral liability: recommended. Workers comp: required
Continuing Education16 hours every 3 years
Processing Time4-8 weeks

Fee Breakdown

Application Fee$36
Exam Fee$250
Initial License Fee$300
GB-2 license fee$150
GB-2 exam fee$100
Est. Initial Total$836

Renewal: $100 every 3 years

Exam Requirements

Business and Law Exam

New Mexico contractor lawBusiness managementLien lawSafety

GB-98 General Building Trade Exam

Building codesConstruction methodsProject managementEstimating

Exam provider: PSI

License Tiers

GB-2 - Residential General Building

2 years (4,000 hours) of foreman-level experience

Exam: Required

GB-98 - Commercial General Building

4 years (8,000 hours) of foreman-level experience, including 2 years commercial

Exam: Required

Frequently Asked Questions

Do I need a general contractor license in New Mexico?

Yes, New Mexico requires a statewide general contractor license through the Regulation and Licensing Department, Construction Industries Division.

How much does a general contractor license cost in New Mexico?

The estimated initial cost is $586, including application, exam, and license fees. A $10,000 surety bond is also required.

What experience do I need for a general contractor license in New Mexico?

GB-98: 4 years (8,000 hours) of foreman-level practical or related trade experience, with at least 2 years of commercial experience. GB-2: 2 years (4,000 hours) of foreman-level experience.

What exams are required for a general contractor license in New Mexico?

You must pass the Business and Law Exam and GB-98 General Building Trade Exam exams. Exams are administered by PSI.

Do I need a bond for a general contractor license in New Mexico?

Yes, a $10,000 surety bond is required. Contractor bond of $10,000 required before license issuance

How long does it take to get a general contractor license in New Mexico?

Processing time is typically 4-8 weeks after submitting a complete application.

Is continuing education required for general contractors in New Mexico?

Yes, 16 hours per every 3 years is required for license renewal.

Data last verified: 2026-04-02 | Source: CID