The assistance can include reviewing the Invitation for Bid or Request for Proposal for terms and conditions, bonding requirements and general submission requirements. We can assist you in clarifications of the requirements. We cannot assist in areas involving pricing or product selection. Request for Proposals and Invitation for Bids are advertised in the newspaper or you can contact the UNM Purchasing Department to inquire if any announcements are publicized. If you are interested in receiving a complete Request for Proposal and Invitation for Bid package that is advertised you may pick it up from The University of New Mexico Purchasing Department for 10 cents per page copying fee.
Some procurements require vendors to supply various bonds.
Under state law, the buyer has some flexibility in reducing the bond amounts for small businesses in order to allow them equal opportunity to participate in doing business with the University. While bond reductions are not offered as automatically, the University is willing to work with an otherwise qualified supplier in the area of bonding. Under certain circumstances, the Purchasing Department may reduce bonding requirements as described below. It is important to note that all bonds, whether they are reduced or not must be executed by a state authorized surety company which must also be approved in Federal Circular 570 published by the United State Treasury Department. However, for construction services you may request a reduction of the bond only if it is stated in the IFB or RFP that bond reductions will be allowed.