N.M. Stat. § 13-1-151

Current through 2024, ch. 69

Section 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.

NMS § 13-1-151

Laws 1984, ch. 65, § 124.