Definition; multi-term contract.

  1. Law
  2. New Mexico Statutes
  3. Public Purchases and Property
  4. Procurement
  5. Definition; multi-term contract.

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"Multi-term contract" means a contract having a term longer than one year.

History: Laws 1984, ch. 65, § 41.

ANNOTATIONS

County fair board publishing book affected. — Under the former Public Purchases Act, a county fair board publishing an annual fair book at a cost exceeding $1000 was required to comply with the bidding provisions of the act. 1964 Op. Att'y Gen. No. 64-110.


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