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 P3s on transportation projects, excluding toll roads and bridges. No statute authorizes or prohibits P3s on vertical construction projects. Only unsolicited bids are accepted.

  • Workforce Development Incentives

    Train Employees Now Program – Can fund up to 75% of total eligible costs. However, this program comes with what could be considered excessive and burdensome regulations. For example, the company commits to maintaining the business in Nevada for five years.

    There is also a tax exemption that exists for all real and personal property of an apprenticeship program.

  • 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)

5.0

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

19.3%.

Marijuana Legalization Status

Legalized for medicinal use, decriminalized for personal use.

On November 8, 2016, voters approved the Nevada Marijuana Legalization Initiative, also known as Question 2, which legalized the recreational use of one ounce or less of marijuana by individuals 21 years of age and over.

Business Facts

Minimum Wage (2016)

8.25

Percentage of Pensions Funded

75%

Effective Real-Estate Tax Rate

0.71%

Corporate Income Tax Rate(s)

0% (Tax on Gross Receipts)

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

4.8%