N.M. Stat. § 37-1-23 : — LIMITATION OF ACTIONS; ABATEMENT AND REVIVORLIMITATIONS OF ACTIONS —1-23 - Contractual liability; statute of limitations
A. Governmental entities are granted immunity from actions based on contract, except actions based on a valid written contract.
B. Every claim permitted by this section shall be forever barred unless brought within two years from the time of accrual.