New Mexico Statutes

§ 13-1-147 — Bid security; rejection of bids

New Mexico § 13-1-147
JurisdictionNew Mexico
Ch. 13Public Purchases and Property
Art. 1Procurement

This text of New Mexico § 13-1-147 (Bid security; rejection of bids) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.M. Stat. Ann. § 13-1-147 (2026).

Text

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.

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Legislative History

Laws 1984, ch. 65, § 120.

Nearby Sections

15
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Bluebook (online)
New Mexico § 13-1-147, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/13/13-1-147.