Nevada

  • Project Labor Agreements

    Statute prohibits government-mandated PLAs on public and publicly-assisted projects.

  • Prevailing Wage

    Yes; $250,000. However, charter school construction projects are exempt from prevailing wage requirements. For all other school construction projects, including university and college projects, workers are paid 90% of the hourly prevailing wage.

  • Right to Work

    Yes.

  • Public-Private Partnerships

    Statute authorizes the use of P3’s on certain types of transportation infrastructure projects, including certain transportation facilities, certain construction projects on historic buildings, and tourism projects which are defined as art projects, stadiums, or other tourism facilities. Counties of 700,000 persons or more may also enter into P3’s for transportation facilities. Only unsolicited bids are accepted.

  • Workforce Development Incentives

    A tax exemption exists for all real and personal property of an apprenticeship program, provided certain conditions are met.

  • Career and Technical Education

    96% of CTE high school graduates are placed in colleges or careers.

    Nevada recognizes NCCER as an approved curriculum for CTE programs.

  • 5-Year Average Job Growth Rate (2011-16)

    9.5%.

Monthly Unemployment Rate in Nevada

Industry Overview

Prompt Pay

Private: Owner must pay prime within 21 days of receipt unless a prior engagement has been agreed to.
Public: Owner must pay prime within 30 days of invoice for progress payments.
Subs: For both public and private, prime must pay sub and subs must pay lower tiers within 10 days of receiving payment.

Immigration/E-Verify Mandate

No law in place.

Percentage of State GDP From Nonresidential Construction

5.0%.

Incidence Rate in Construction (2013)

4.2

Occupational Safety & Health Oversight (State vs. Federal)

State plan covers private workplaces and state and local government workplaces.

Percentage of Union Membership in Private Construction

16.7.

Marijuana Legalization Status

Legalized for medicinal use, decriminalized for personal use.

In 2016 voters approved Question 2, which permits adults who are not participating in the state's medical cannabis program to legally possess personal use quantities of cannabis. Public use/display of marijuana is still subject to civil penalties.

Business Facts

Minimum Wage (2016)

8.25

Percentage of Pensions Funded

72%

Effective Real-Estate Tax Rate

0.64%

Corporate Income Tax Rate(s)

0% (Tax on Gross Receipts)

Capital Spending % As Share of Total State Spending (2013)

4.8%