New Mexico

  • Project Labor Agreements

    No state policy. Some local government entities and public universities have implemented PLA mandates.

  • Prevailing Wage

    Yes, $60,000.

  • Right to Work


  • Public-Private Partnerships

    No statute authorizes or prohibits P3s on public construction projects.

  • Workforce Development Incentives

    None found that are not federally funded or do not expressly exclude the construction industry.

  • Career and Technical Education

    60% of CTE high school graduates are placed in colleges or careers.

    New Mexico recognizes NCCER as an approved curriculum for CTE programs.

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


Monthly Unemployment Rate in New Mexico

Industry Overview

Prompt Pay

Private: Owner must pay prime within 21 days of completion.
Public: Owner must pay prime within 21 days of completion.
Subs: For both public and private, prime must pay sub and sub must pay lower tiers within 7 days of payment received.

Immigration/E-Verify Mandate

No law in place.

Percentage of State GDP From Nonresidential Construction


Incidence Rate in Construction (2013)


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


Marijuana Legalization Status

Legalized for medicinal use.

Business Facts

Minimum Wage (2016)


Percentage of Pensions Funded


Effective Real-Estate Tax Rate


Corporate Income Tax Rate(s)

4.8% - 6.6%

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