The purpose of this Invitation to Bid (ITB) is to establish a Statewide Price Agreement for Cold Water Meters, Encoding & Reading Equipment and Utility System Software. This Price Agreement may be utilized by all New Mexico State Agencies, commissions, political subdivisions and local public bodies applicable by law. The specifications are intended to describe items for use by the ordering agency, which will operate efficiently and safely. The use of a brand name is for the purpose of describing the standard of quality, performance and a characteristic desired and is not to limit or restrict competition. The design specifications incorporated herein are intended to describe such unit, and to set forth minimal performance parameters required by the State of New Mexico. The State reserves the right to accept minor variances in product design and/or operation offered by bidders if such acceptance is determined to be in the best interest of the State.