N.M. Code R. § 1.4.1.28
Contract clause. All contracts resulting from an invitation for bids shall contain a clause allowing for late payment charges against the state agency in the amount and under the conditions set forth in Section 13-1-158 NMSA 1978.
[1.4.1.28 NMAC - Rp, 1.4.1.28 NMAC, 6/21/2022]