This paper describes the New Mexico Pay Equity Initiative, which was instituted by Governor Bill Richardson’s administration over a two year period (2009-2011). The Initiative built on recommendations from an Equal Pay Task Force created by the New Mexico State legislature in 2003, and a subsequent task force created by the governor in 2008. The paper discusses the rationale, policies, methodology and outcomes of the initiative, highlighting it as one way to serve the goal of achieving pay equity as embodied in the Paycheck Fairness Act and the Fair Pay Act, and also to advance the goal of government accountability and transparency. Implications for the future development and replication by other entities are included.