B. A school district may contract with a business which has a current price agreement with the state purchasing agent or a central purchasing office of another district, for services, construction, or items of tangible personal property without the use of competitive sealed bids or competitive sealed proposals provided that the following conditions are met:

1. (1) the services or construction meet the same standards and specifications as the items to be procured;
2. (2) the total quantity to be purchased would not exceed the quantity which may be purchased under the existing applicable price agreement;
3. (3) the purchase order clearly identifies the price agreement relied upon;
4. (4) the price agreement relied upon is available for public inspection and for inspection by auditors; and

5. (5) in the case of an agreement with the central purchasing office for another district, the district with the agreement being relied upon has consented in writing to such reliance.

   [12/08/1989, 2/03/1993, 11/01/1997, 1/15/1999; 6.20.2.17 NMAC - Rn, 6 NMAC 2.2.1.17, 5/31/2001; A, 11/30/2006]