This Invitation to Bid (ITB) will result in a Multiple Award. The term of the Agreement may be from one (1) year to ten (10) years depending on the City's needs. The City reserves the right to award for the whole term or renew the Price Agreement on an annual basis by mutual agreement not to exceed a total of ten (10) years, by mutual agreement of all parties at the same terms and conditions, in accordance with NMSA 1978, Sections 13-1-150 through 152.
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