State Codes and Statutes

Statutes > New-mexico > Chapter-13 > Article-1 > Section-13-1-147

13-1-147. Bid security; rejection of bids.

A.     When the invitation for bids requires bid security, noncompliance by the bidder requires that the bid be rejected.   

B.     If a bidder is permitted to withdraw its bid before award, no action shall be had against the bidder or the bid security.   

State Codes and Statutes

Statutes > New-mexico > Chapter-13 > Article-1 > Section-13-1-147

13-1-147. Bid security; rejection of bids.

A.     When the invitation for bids requires bid security, noncompliance by the bidder requires that the bid be rejected.   

B.     If a bidder is permitted to withdraw its bid before award, no action shall be had against the bidder or the bid security.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-13 > Article-1 > Section-13-1-147

13-1-147. Bid security; rejection of bids.

A.     When the invitation for bids requires bid security, noncompliance by the bidder requires that the bid be rejected.   

B.     If a bidder is permitted to withdraw its bid before award, no action shall be had against the bidder or the bid security.