How to get a general contractor licensewith the help of best commercial insurance companies

There are a few key steps you’ll need to complete to become a licensed contractor in Nevada:

Register your business at SilverFlume, Nevada’s business portal.

Apply for a license with the Nevada State Contractors Board.

Pass the contractor trade and management exams.

Get contractor business insurance and fulfill the state’s bond requirements.

The following sections will cover each of these steps in more detail and provide important information you’ll need to get a Nevada general contractor’s license.

Nevada contractor’s license requirements

Once you know which license classification you need, you can submit an application to the Nevada State Contractors Board. Your application must contain the following:

Business ID number

You’ll need a Nevada Business ID number issued by the Secretary of State to apply for a contractor’s license. If you don’t already have a business ID number, you can get one at SilverFlume, Nevada’s business portal. You can register as an LLC, LLP, corporation or sole proprietor.

Financial statement

You’ll also need to submit a financial statement based on which monetary limit you are requesting. The monetary limit is the maximum contract you can take on for a single client. Contractors can fall into one of the following categories based on the limit they request on their application:

$10,000 or less

More than $10,000, but less than $50,000

$50,000 or more, but less than $250,000

$250,000 or more

Background disclosure statement and authorization form

The state requires applicants to undergo a background check and fingerprinting. You’ll need to submit this form consenting to this with your application. Check more with the help of best business insurance companies

Experience qualifications

Nevada requires all applicants to fulfill two “qualified individual” categories:

Management Qualified Individual: This person should be fit to oversee the day-to-day transactions of the business.

Trade Qualified Individual: This is the person who will perform the actual contracting work for the business. They need to show at least four years of work experience as a journeyman, foreman, supervising employee or contractor in the specific trade category noted on the application.

One applicant can fulfill both of these roles, or you can apply with one person as the Management Qualified Individual and one as the Trade Qualified Individual.

General contractor exam requirements After you file your Nevada State Contractors Board license application, you’ll receive a letter detailing your exam eligibility

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