State Codes and Statutes

Statutes > New-mexico > Chapter-13 > Article-1 > Section-13-1-186

13-1-186. Assistance to small business; bid bonds; reduction.

The state purchasing agent or central purchasing office may reduce bid bond, performance bond or payment bond requirements authorized by the Procurement Code [13-1-28 NMSA 1978] to encourage procurement from small businesses.   

State Codes and Statutes

Statutes > New-mexico > Chapter-13 > Article-1 > Section-13-1-186

13-1-186. Assistance to small business; bid bonds; reduction.

The state purchasing agent or central purchasing office may reduce bid bond, performance bond or payment bond requirements authorized by the Procurement Code [13-1-28 NMSA 1978] to encourage procurement from small businesses.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-13 > Article-1 > Section-13-1-186

13-1-186. Assistance to small business; bid bonds; reduction.

The state purchasing agent or central purchasing office may reduce bid bond, performance bond or payment bond requirements authorized by the Procurement Code [13-1-28 NMSA 1978] to encourage procurement from small businesses.