Section 13-1-74 - Definition; procurement. - New Mexico Statutes

13-1-74. Definition; procurement.

"Procurement" means:   

A.     purchasing, renting, leasing, lease purchasing or otherwise acquiring items of tangible personal property, services or construction; and   

B.     all procurement functions, including but not limited to preparation of specifications, solicitation of sources, qualification or disqualification of sources, preparation and award of contract and contract administration.