Section 13-1-71 - Definition; price agreement.

NM Stat § 13-1-71 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

"Price agreement" means a definite quantity contract or indefinite quantity contract which requires the contractor to furnish items of tangible personal property, services or construction to a state agency or a local public body which issues a purchase order, if the purchase order is within the quantity limitations of the contract, if any.

History: Laws 1984, ch. 65, § 44.