Section 13-1-41 - Definition; contract.

NM Stat § 13-1-41 (2019) (N/A)
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"Contract" means any agreement for the procurement of items of tangible personal property, services or construction.

History: Laws 1984, ch. 65, § 14.

Cross references. — For definition of "procurement," see 13-1-74 NMSA 1978.

For definition of "tangible personal property," see 13-1-93 NMSA 1978.

Formation of contract. — A contract was not formed when the Human Services Department selected a bid pending General Service Department approval and legislative appropriation, since the pending actions were not mere legal formalities, but conditions precedent to contract formation. Wisznia v. Human Servs. Dep't, 1998-NMSC-011, 125 N.M. 140, 958 P.2d 98.