There is a newer version of the New Mexico Statutes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 13-1-74: Definition; procurement.
NM Stat § 13-1-74 (1996 through 1st Sess 50th Legis) What's This?
13-1-74. Definition; procurement.
"Procurement" means:
A. purchasing, renting, leasing, lease purchasing or otherwise acquiring items of tangible personal property, services or construction; and
B. all procurement functions, including but not limited to preparation of specifications, solicitation of sources, qualification or disqualification of sources, preparation and award of contract and contract administration.
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