The bill amends Section 13-1-128 of the New Mexico Statutes to enhance the transparency and distribution of information regarding sole source and emergency procurement contracts. It mandates that prior to awarding such contracts, state and local purchasing offices must provide specific information to the Department of Information Technology for posting on the Sunshine Portal, as well as to the Legislative Finance Committee, individuals who have requested the information via email, and the Legislative Council Service for distribution to current state legislators. The bill also requires local public bodies to post this information on their websites, if available.

Additionally, the bill stipulates that within three business days of awarding an emergency procurement contract, the relevant purchasing offices must follow the same information dissemination procedures. The records of these procurements must be maintained for a minimum of three years and must include details such as the contractor's name, contract amount and term, a description of the procured items or services, the nature of the procurement, and the justification for the procurement method. The bill replaces the term "web site" with "website" and introduces new requirements for information sharing and record-keeping to improve accountability in procurement processes.

Statutes affected:
introduced version: 13-1-128