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Section 13-1-41 - Definition; contract — New Mexico Law | CourtGPT
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New Mexico Legal Code

Section 13-1-41 - Definition; contract

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'Contract' means any agreement for the procurement of items of tangible personal property, services or construction. History: Laws 1984, ch. 65, § 14. ANNOTATIONSCross references. — For definition of 'procurement,' see 13-1-74 NMSA 1978. For definition of 'tangible personal property,' see 13-1-93 NMSA 1978. Formation of contract. — A contract was not formed when the Human Services Department [health care authority department] selected a bid pending General Service Department approval and legislative appropriation, since the pending actions were not mere legal formalities, but conditions precedent to contract formation. Wisznia v. Human Servs. Dep't, 1998-NMSC-011, 125 N.M. 140, 958 P.2d 98.