{"id":610,"date":"2020-10-20T10:12:12","date_gmt":"2020-10-20T16:12:12","guid":{"rendered":"https:\/\/www.tax.newmexico.gov\/businesses\/?page_id=610"},"modified":"2023-12-13T12:05:51","modified_gmt":"2023-12-13T19:05:51","slug":"business-preference-certification","status":"publish","type":"page","link":"https:\/\/www.tax.newmexico.gov\/businesses\/business-preference-certification\/","title":{"rendered":"Business Preference Certification"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; background_repeat=&#8221;round&#8221; custom_margin=&#8221;0px||||false|false&#8221; custom_padding=&#8221;0px||0px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; use_background_color_gradient=&#8221;on&#8221; background_color_gradient_stops=&#8221;#ffffff 0%|#dedede  100%&#8221; background_color_gradient_start=&#8221;#ffffff&#8221; 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custom_margin_phone=&#8221;&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|4%|20px|4%|false|true&#8221; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_sidebar][\/et_pb_column][et_pb_column type=&#8221;3_4&#8243; specialty_columns=&#8221;3&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_row_inner _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#ffffff&#8221; custom_padding=&#8221;|20px||20px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column_inner saved_specialty_column_type=&#8221;3_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_post_title meta=&#8221;off&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; title_font=&#8221;|300|||||||&#8221; title_font_size=&#8221;50px&#8221; title_letter_spacing=&#8221;-3px&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_post_title][et_pb_text _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div class=\"contentContainer\">\n<div class=\"contentContainerBG\">\n<div class=\"contentRightSide\">\n<div class=\"width100\">\n<div id=\"_36899989ac2a41ba9dfbfdfd16ffccfd\" class=\"rts_cms_data_region rts-cms-region  ng-scope\" data-rts-cms-region=\"36899989ac2a41ba9dfbfdfd16ffccfd\" data-rts-cms-page-id=\"ec4df93171a24e578aa1c02cdb2e9411\" data-rts-cms-website-id=\"e2b927e01c034e70a383433a01e5ae4d\">\n<div id=\"_6e5bf6d52b084898afdcd46b46f640e6\" data-rts-cms-text-editor=\"63391091-c1e7-4a38-953a-4951b10feadc\" data-rts-cms-control=\"\" data-rts-cms-content-manager-id=\"63391091-c1e7-4a38-953a-4951b10feadc\" class=\"ng-scope\">\n<div id=\"_6e5bf6d52b084898afdcd46b46f640e6_pnl36899989ac2a41ba9dfbfdfd16ffccfdContent\">\n<h2>Resident Business\/Contractor Preference Certification<\/h2>\n<p>New Mexico companies or contractors who wish to obtain a bidding advantage on state contracts are required to obtain a valid resident business certificate or resident contractor certificate issued by the State Taxation and Revenue Department.<\/p>\n<p>This preference doesn\u2019t apply to contracts that use federal funding.<\/p>\n<p>Under the law, in-state companies and contractors will receive:<\/p>\n<ul>\n<li>Eight percent of the total weight of all the factors used in evaluating the proposals; and<\/li>\n<li>The equivalent of eight percent of total points if the state contract is awarded on a point-based system.<\/li>\n<\/ul>\n<p>Residential and tax information must be certified by certified public accountant.<\/p>\n<p>For details on how to qualify for certification, select the appropriate application linked below.<\/p>\n<p>For questions concerning the application process for obtaining certification, please call (505) 231-6893.<\/p>\n<p><strong>Veterans\u2019 Preference Certification<\/strong><\/p>\n<p>New Mexico veteran-owned businesses who wish to obtain either a resident veteran business preference or a resident veteran contractor preference must first apply for and obtain certification from the New Mexico Taxation and Revenue Department (TRD). As long as a business initially meets and continues to meet the necessary requirements, a certification issued by TRD is valid for three years from the date of issuance.<\/p>\n<p>A business that has been certified by TRD may obtain a bidding preference when participating in a formal bid process or formal request for proposal process for the sale of goods or services to a New Mexico state or local public body.<\/p>\n<p>Under the new law, in-state veteran-owned companies and contractors will receive:<\/p>\n<ul>\n<li>Ten percent of the total weight of all the factors used in evaluating the proposals; and<\/li>\n<li>The equivalent of ten percent of total points if the state contract is awarded on a point-based system.<\/li>\n<\/ul>\n<p>For details on how to qualify for certification, please select the appropriate application linked below.<\/p>\n<p>For questions concerning the application process for obtaining certification, please call (505) 231-6893.<\/p>\n<p><strong>Native American Preference Certification<\/strong><\/p>\n<p>Native American member-owned resident business or nation, tribe, or pueblo-owned resident businesses who wish to obtain a bidding advantage on state contracts are required to obtain a valid Native<\/p>\n<p>American resident business, Native American resident veteran business, Native American<\/p>\n<p>resident contractor, or Native American resident veteran contractor certificate issued by the State Taxation and Revenue Department.<\/p>\n<p>Under the law, Native American-owned companies will receive either an eight percent or ten percent equivalent based on whether they are also a veteran-owned business.<\/p>\n<p><strong>New Mexico Resident and Veteran Preference Business\/Contractor Certificate Validation<\/strong><\/p>\n<p>To verify the validity of a New Mexico Resident Business\/Contractor or Veteran Business\/Contractor Certificate, click the link below. You must enter a minimum of three (3) characters of the vendor\u2019s name.\u00a0 You can also enter the full certificate number if available.<\/p>\n<p><strong><a href=\"https:\/\/secure.mvd.newmexico.gov\/residentcertificate\/\">Preference Certificate Validation<\/a><\/strong><\/p>\n<h3>Documents and Applications<\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"width75\">\n<div id=\"_155409e670e84627a4333f45aeadc304\" class=\"rts_cms_data_region rts-cms-region  ng-scope\" data-rts-cms-region=\"155409e670e84627a4333f45aeadc304\" data-rts-cms-page-id=\"ec4df93171a24e578aa1c02cdb2e9411\" data-rts-cms-website-id=\"e2b927e01c034e70a383433a01e5ae4d\"><\/div>\n<\/div>\n<div class=\"width25\">\n<div id=\"_7b7f130413d44289b2ccd35b1003d633\" class=\"rts_cms_data_region rts-cms-region  ng-scope\" data-rts-cms-region=\"7b7f130413d44289b2ccd35b1003d633\" data-rts-cms-page-id=\"ec4df93171a24e578aa1c02cdb2e9411\" data-rts-cms-website-id=\"e2b927e01c034e70a383433a01e5ae4d\"><\/div>\n<\/div>\n<div><\/div>\n<div class=\"width50\">\n<div id=\"_6d6fd6be52ec48898665654b9c2fef6d\" class=\"rts_cms_data_region rts-cms-region  ng-scope\" data-rts-cms-region=\"6d6fd6be52ec48898665654b9c2fef6d\" data-rts-cms-page-id=\"ec4df93171a24e578aa1c02cdb2e9411\" data-rts-cms-website-id=\"e2b927e01c034e70a383433a01e5ae4d\"><\/div>\n<\/div>\n<div class=\"width50\">\n<div id=\"_6bdcea4e72ff451aa1eb28013f618c51\" class=\"rts_cms_data_region rts-cms-region  ng-scope\" data-rts-cms-region=\"6bdcea4e72ff451aa1eb28013f618c51\" data-rts-cms-page-id=\"ec4df93171a24e578aa1c02cdb2e9411\" data-rts-cms-website-id=\"e2b927e01c034e70a383433a01e5ae4d\"><\/div>\n<\/div>\n<div><\/div>\n<div class=\"width33\">\n<div id=\"_e13f1e5caf4642c2b72ec94a90078ac9\" class=\"rts_cms_data_region rts-cms-region  ng-scope\" data-rts-cms-region=\"e13f1e5caf4642c2b72ec94a90078ac9\" data-rts-cms-page-id=\"ec4df93171a24e578aa1c02cdb2e9411\" data-rts-cms-website-id=\"e2b927e01c034e70a383433a01e5ae4d\"><\/div>\n<\/div>\n<div class=\"width33\">\n<div id=\"_195aa6ceb26c4f2a85604e4d94f53762\" class=\"rts_cms_data_region rts-cms-region  ng-scope\" data-rts-cms-region=\"195aa6ceb26c4f2a85604e4d94f53762\" data-rts-cms-page-id=\"ec4df93171a24e578aa1c02cdb2e9411\" data-rts-cms-website-id=\"e2b927e01c034e70a383433a01e5ae4d\"><\/div>\n<\/div>\n<div class=\"width33\">\n<div id=\"_16c4589f914749ad9ddd2008881256f1\" class=\"rts_cms_data_region rts-cms-region  ng-scope\" data-rts-cms-region=\"16c4589f914749ad9ddd2008881256f1\" data-rts-cms-page-id=\"ec4df93171a24e578aa1c02cdb2e9411\" data-rts-cms-website-id=\"e2b927e01c034e70a383433a01e5ae4d\"><\/div>\n<\/div>\n<div><\/div>\n<div class=\"width100\">\n<div id=\"_b8aa33b3992a4cf1a430b5fe41cb7428\" class=\"rts_cms_data_region rts-cms-region  ng-scope\" data-rts-cms-region=\"b8aa33b3992a4cf1a430b5fe41cb7428\" data-rts-cms-page-id=\"ec4df93171a24e578aa1c02cdb2e9411\" data-rts-cms-website-id=\"e2b927e01c034e70a383433a01e5ae4d\"><\/div>\n<\/div>\n<div class=\"width100\">\n<div id=\"_cd8ec04e2cc648d480ab5a59b41f9824\" class=\"rts_cms_data_region rts-cms-region  ng-scope\" data-rts-cms-region=\"cd8ec04e2cc648d480ab5a59b41f9824\" data-rts-cms-page-id=\"ec4df93171a24e578aa1c02cdb2e9411\" data-rts-cms-website-id=\"e2b927e01c034e70a383433a01e5ae4d\"><\/div>\n<\/div>\n<\/div>\n<div><\/div>\n<\/div>\n<\/div>\n<div class=\"latestNewsContainer\"><\/div>\n<p>[\/et_pb_text][et_pb_code _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div class=\"rf-table\" data-public=1 data-account-guid=\"34821a9573ca43e7b06dfad20f5183fd\" data-folder-id=\"b2d816af-7167-42b2-8d12-607a5346f29a\"><\/div>\n<p>[\/et_pb_code][\/et_pb_column_inner][\/et_pb_row_inner][\/et_pb_column][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Resident Business\/Contractor Preference Certification New Mexico companies or contractors who wish to obtain a bidding advantage on state contracts are required to obtain a valid resident business certificate or resident contractor certificate issued by the State Taxation and Revenue Department. 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