New Mexico Statutes 13-1-29. Rules of construction; purposes
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A. The Procurement Code shall be liberally construed and applied to promote its purposes and policies.
Terms Used In New Mexico Statutes 13-1-29
- Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
B. All references in law to the Public Purchases Act [repealed] shall be construed to be references to the Procurement Code.
C. The purposes of the Procurement Code are to provide for the fair and equitable treatment of all persons involved in public procurement, to maximize the purchasing value of public funds and to provide safeguards for maintaining a procurement system of quality and integrity.