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New Mexico · Through 2026-07-01

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

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Where this section sits in the code
  1. Chapter 13 - Public Purchases and Property
  2. ARTICLE 1 Procurement

The state purchasing agent or central purchasing office may reduce bid bond, performance bond or payment bond requirements authorized by the Procurement Code to encourage procurement from small businesses.

Collected 2026-09-03T15:02:19Z. Source file · JSON

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