Section 13-1-68 - Definition; multi-term contract.

NM Stat § 13-1-68 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

"Multi-term contract" means a contract having a term longer than one year.

History: Laws 1984, ch. 65, § 41.

County fair board publishing book affected. — Under the former Public Purchases Act, a county fair board publishing an annual fair book at a cost exceeding $1000 was required to comply with the bidding provisions of the act. 1964 Op. Att'y Gen. No. 64-110.