State eliminates $100 vendor registration fee

New Mexico Business Weekly - New Mexico companies will no longer have to pay a $100 annual fee to do business with state government. Gov. Susana Martinez said Monday that the state’s vendor registration fee, in place since 1994, was eliminated because technology has allowed the state and vendors to do business online, making the process of registering with the state less expensive. “Elimination of a vendor registration fee is a small but important way in which we can make it easier for small businesses to operate in New Mexico and do business with the state,” Martinez said in a news release. Martinez said her action was retroactive to July 1, and any vendor that has paid the fee since then will get a refund. The fee generated $158,000 in FY12, Martinez added. Last month, the state’s Construction Industries Division announced a plan to go paperless. Previously, all construction plans that required review by division officials had to be mailed to its offices in Albuquerque, Santa Fe or Las Cruces. CID officials marked up the plans manually and then mailed them back to contractors, who had to mail revisions back to one of the offices. Read More News New Mexico

State eliminates $100 vendor registration fee