Colo. Rev. Stat. § 4-2-708
tion. (1) Subject to subsection (2) of this section and to the provisions of this article with respect to proof of market price (section 4-2-723), the measure of damages for nonacceptance or repudiation by the buyer is the difference between the market price at the time and place for tender and the unpaid contract price, together with any incidental damages provided in this article (section 4-2-710), but less expenses saved in consequence of the buyer's breach.
Source: L. 65: p. 1338, § 1. C.R.S. 1963: § 155-2-708.