New Mexico Statutes
§ 13-1-63 — Definition; indefinite quantity contract
"Indefinite quantity contract" means a contract which requires the contractor to furnish an indeterminate quantity of specified services, items of tangible personal property or construction during a prescribed period of time at a definite unit price or at a specified discount from list or catalogue prices.
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New Mexico § 13-1-63 (Definition; indefinite quantity contract) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 1984, ch. 65, § 36.
Nearby Sections
15
§ 13-1-100.1
Construction contracts; construction management§ 13-1-101
Repealed§ 13-1-102
Competitive sealed bids required§ 13-1-103
Invitation for bids§ 13-1-104
Competitive sealed bids; public notice§ 13-1-107
Competitive sealed bids; bid opening§ 13-1-108
Competitive sealed bids; award§ 13-1-108.1
Recompiled§ 13-1-110
Competitive sealed bids; identical bids