There Is a Newer Version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 13: Public Purchases and Property
Article 1: Procurement, 13-1-1 through 13-1-199
Section 13-1-151: Multi-term contracts; determination prior to use.
NM Stat § 13-1-151 (1996 through 1st Sess 50th Legis) What's This?
13-1-151. Multi-term contracts; determination prior to use.
Prior to the utilization of a multi-term contract, the state purchasing agent or the central purchasing office involved shall make a determination that:
A. the estimated requirements cover the period of the contract and are reasonably firm and continuing; and
B. the contract will serve the best interests of the state agency or a local public body.
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
