New Mexico Contractor Business & Law Exam Prep

Prepare for New Mexico’s open-book Contractor Business & Law exam with online training, realistic practice questions, and organized reference materials. Choose the preparation option that fits how you study.

90%
First-time pass rate
Access-Until-You-Pass Guarantee
Success on your schedule

Choose How You Prepare

Online Course + Exam-Ready Book
$599.97

Self-Paced Online Course + Exam-Ready Reference Books

WHAT'S INCLUDED

  • Self-paced New Mexico Business & Law exam preparation
  • Practice quizzes and realistic exam simulation
  • Book highlighting and reference-navigation guidance
  • Professionally tabbed and highlighted exam-ready reference materials
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Online Course + Book
$499.97

Self-Paced Online Course + Reference Books & Tabs

WHAT'S INCLUDED

  • Self-paced New Mexico Business & Law exam preparation
  • Practice quizzes and realistic exam simulation
  • New Mexico Business & Law reference books and exam tab set
Learn More

Access-Until-You-Pass Guarantee

We’re all in on your success. If you don’t pass your New Mexico Business & Law exam on the first try, we’ll extend your eligible exam prep course access and provide additional support to help you prepare for your next attempt—at no additional cost.

Free 6-month extensions available with proof of exam failure and an exam attempt within 6 months of purchase. $150 fee applies otherwise.

What's on the New Mexico Business & Law Exam

The exam covers licensing requirements, estimating and bidding, business organization and financial management, taxes, labor laws, project management and liens, contracts, risk management, and environmental and safety requirements.

50 Scored questions
75% Passing score
130 min Time allowed
Open book Format

EXAM CONTENT AREAS

Subject Area
Licensing requirements
Estimating and bidding
Business organization and financial management
Taxes
Labor laws
Project management and liens
Contracts
Risk management
Environmental and safety requirements

RESOURCES & REQUIREMENTS

VIEW FULL LICENSE REQUIREMENTS

New qualifying-party applicants must meet the Business & Law requirement through the PSI examination or an approved course. Review PSI's current rules for approved references and tabbing before test day.

HOW WE HELP YOU PASS

  1. Study the right topics Focus on the business, financial, legal, and licensing subjects tested by PSI.
  2. Practice like exam day Use quizzes and an exam simulator to identify gaps and build confidence.
  3. Find answers faster Navigate approved open-book references using tabs and highlighting guidance.
  4. Prepare on your schedule Work through online lessons around your day-to-day commitments.

Frequently Asked Questions

  • New qualifying-party applicants must meet the Business & Law requirement through the PSI examination or an approved course.

  • No. This is exam preparation, not a course-completion exemption from the PSI exam.

  • Yes, subject to PSI's approved-reference and tabbing rules.

  • Yes. Both packages include the online course and the New Mexico Business & Law reference books. Online Course + Exam-Ready Book includes professionally tabbed and highlighted references; Online Course + Book includes the standard references and a tab set.

  • That depends on your contractor classification and accepted trade-exam pathway. Business & Law and trade qualification are separate requirements.

What Our Students Say

★★★★★
“

"I honestly could not have passed the exam without the class. It was well worth the money and I'd recommend your class to anybody!"

K. Rose
★★★★★
“

"I passed all four parts. I don't see how anyone could do it without your courses."

J. Wheeler
★★★★★
“

"After taking your class for 1-day Contractor-A/Bldr, I took all 4 sections the next week and passed all 4 on the first try. Sure was glad to get through it so quick and easy - thanks for the help preparing."

W. Solterbeck

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