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Section 13-1-147 - Bid security; rejection of bids — New Mexico Law | CourtGPT
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New Mexico Legal Code

Section 13-1-147 - Bid security; rejection of bids

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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. History: Laws 1984, ch. 65, § 120.