Current as of May 06, 2021 | Updated by FindLaw Staff
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In exercising supervisory control pursuant to Section 15-2-2 NMSA 1978, the department of information technology may lease to a private entity excess capacity relating to the provision of two-way radio services on its radio communications property, including buildings, towers or antennas, provided that:
A. the lease conforms with competitive procurement requirements of the Procurement Code; 1
B. the lease is for an equal value exchange of money or property;
C. the secretary of information technology certifies that the excess capacity will be available for at least the duration of the lease;
D. if the lease exceeds ten years, the lease is first approved by the state board of finance;
E. the department of information technology has submitted to the legislative finance committee a detailed plan for the use of excess capacity being leased and an assessment of how the lease will affect public sector uses and local telecommunication service providers; and
F. income from the leases shall be deposited to the credit of the department of information technology and used to carry out the duties of the department.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 9. Executive Department § 9-27-15. Lease of radio communications network; conditions and requirements - last updated May 06, 2021 | https://codes.findlaw.com/nm/chapter-9-executive-department/nm-st-sect-9-27-15/
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