Except as provided in Section 10 of the New Mexico Research Applications Act, the research applications center shall not enter into any contract involving services or property of a value in excess of twenty thousand dollars ($20,000) with an employee of the state or one of its agencies, instrumentalities, institutions or political subdivisions or with a business in which the employee has a controlling interest unless the board makes a determination, in writing, that the employee:
A. is employed by a university;
B. is principally involved in research, public service, economic development or instruction; and
C. is able to provide services that are not readily available from another person or is able to provide services that are less expensive or of higher quality than are otherwise available.
History: Laws 2009, ch. 66, § 9.
Emergency clauses. — Laws 2009, ch. 66, § 16 contained an emergency clause and was approved April 2, 2009.
Structure 2021 New Mexico Statutes
Article 7B - New Mexico Research Applications
Section 53-7B-1 - Short title.
Section 53-7B-3 - Definitions.
Section 53-7B-5 - Research applications center; powers.
Section 53-7B-6 - Applicability of other laws.
Section 53-7B-7 - Annual audit and report.
Section 53-7B-8 - Conflicts of interest.
Section 53-7B-9 - Contracts involving public employees.
Section 53-7B-10 - Transfer of technology; ownership of intellectual property.