Where a Nevada general contractor license transfers

Nevada's unlimited building tier is classification B, General Building, issued statewide by the Nevada State Contractors Board. NRS 624.215(3) defines a general building contractor as one whose principal business is the construction or remodeling of buildings that require more than two unrelated building trades or crafts and on which the contractor is the prime contractor; a B contractor may perform specialty work only as prime contractor unless it also holds the specialty license. General building and general engineering are mutually exclusive branches, so classification A, General Engineering, covers fixed works such as highways, bridges, pipelines and power plants rather than buildings, and classification AB is granted only to applicants qualified in both who can support an unlimited license in each. The license belongs to the business, an individual, partnership, corporation, limited-liability company or joint venture, and is qualified by a management qualified individual who passes the Business and Law examination and a trade qualified individual with four full years of experience as a journeyman, foreman, supervising employee or contractor within the past 15 years. What limits a B license in practice is not the classification but the monetary limit the Board places on it, the largest contract it may undertake on a single construction site or subdivision site for a single client, which the Board sets from the financial statement filed with the application; an applicant wanting a high or unlimited limit files a reviewed or audited statement from an independent CPA. A bond of between $1,000 and $500,000 is fixed at approval, and a B contractor who also builds or remodels homes pays the Residential Recovery Fund assessment.