{"data":{"id":"us-nm/13-1-148","jurisdiction":"us-nm","citation":"13-1-148","heading":"Bid and performance bonds; additional requirements.","body":"A. Bid and performance bonds or other security may be required for contracts for items of tangible personal property or services as the state purchasing agent or a central purchasing office deems necessary to protect the interests of the state agency or a local public body. Any such bonding requirements shall not be used as a substitute for a determination of the responsibility of a bidder or offeror.\nB. As to performance and payment bonds for construction contracts, see the requirements of Section 13-4-18 NMSA 1978.","path":["Chapter 13 - Public Purchases and Property","ARTICLE 1 Procurement"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18513/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"573f4d223a28f237910a98388d107ddadf547b7580ca5f8a74af13068cc59ba9","source_id":"us-nm","stale":false,"prev":"us-nm/13-1-147","next":"us-nm/13-1-148.1"},"notice":"GroundRules: Original legal text. Not legal advice."}