N.M. Admin. Code § 8.321.9.16 - CONTRACT NEGOTIATION/AWARD/ NOTICE/ACCEPTANCE
A. The secretary of the authority will award
a contract(s) to the offeror(s) which is (are) most advantageous to the
authority.
B. The division's award
is contingent upon the offerors acceptance of any additional or special terms
and conditions listed in the contract and any changes in the funding proposal.
The offeror shall indicate acceptance of the award and any special or
additional conditions it contains during the negotiation process and by signing
and returning the contract to the division's offices. The contract shall become
legally binding upon approval by the department of finance and administration
of the written document.
C. The
division will notify in writing each offeror of the outcome of the award
process and will soon thereafter begin negotiations with the offeror(s)
accepted.
D. All contracts for
services with the authority shall be reviewed:
(1) as to form and legal sufficiency by the
office of general counsel of the authority;
(2) for budget sufficiency by the
administrative services division of the authority; and
(3) by the department of finance and
administration for form, legal sufficiency and budget requirements pursuant to
Section 13-1-118 NMSA 1978.
E. The division will negotiate a
contract for the services at a fair and reasonable price which will conform to
those previously accepted price ranges for specific units of service as
determined by the division.
F. The
dollar amount and the length of the term of each contract offered lies within
the sole discretion of the authority. All awards are subject to the
availability of appropriated funds.
Notes
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