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Section 13-1-71 - Definition; price agreement — New Mexico Law | CourtGPT
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New Mexico Legal Code

Section 13-1-71 - Definition; price agreement

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'Price agreement' means a definite quantity contract or indefinite quantity contract which requires the contractor to furnish items of tangible personal property, services or construction to a state agency or a local public body which issues a purchase order, if the purchase order is within the quantity limitations of the contract, if any. History: Laws 1984, ch. 65, § 44.