New Mexico Statutes
§ 13-1-108 — Competitive sealed bids; award
A contract solicited by competitive sealed bids shall be awarded with reasonable promptness by written notice to the lowest responsible bidder. Contracts solicited by competitive sealed bids shall require that the bid amount exclude the applicable state gross receipts tax or applicable local option tax but that the contracting agency shall be required to pay the applicable tax including any increase in the applicable tax becoming effective after the date the contract is entered into. The applicable gross receipts tax or applicable local option tax shall be shown as a separate amount on each billing or request for payment made under the contract.
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New Mexico § 13-1-108 (Competitive sealed bids; award) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 1984, ch. 65, § 81; 1987, ch. 348, § 5.
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Repealed§ 13-1-102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