Common use of PERMITS, LICENSES AND TAXES Clause in Contracts

PERMITS, LICENSES AND TAXES. The Contractor shall procure all permits and licenses, pay all charges, fees, and taxes, and give all notices necessary and incidental to the due and lawful prosecution of the work. However, for the Contractor to be relieved of the Sales Tax liability, the contract must be a “separated contract”, i.e., costs of materials incorporated into the project must be separated from all other costs of the project. As a seller, Contractor must issue a resale certificate (must hold a sales tax permit to do this) to the supplier in lieu of the sales tax at the time of the purchase. The OWNER will issue to the Contractor an exemption certificate for the Contractor’s records in substantiating materials “resold” to the OWNER by the Contractor’s incorporation of said materials on the OWNER project(s).

PERMITS, LICENSES AND TAXES. The Contractor shall procure all permits and licenses, pay all charges, fees, and taxes, and give all notices necessary and incidental to the due and lawful prosecution of the workWork. However, for the Contractor to be relieved of the Sales Tax liability, the contract Contract must be a “separated contract”, i.e., costs of materials Materials incorporated into the project Project must be separated from all other costs of the projectProject. As a seller, Contractor must issue a resale certificate (must hold a sales tax permit to do this) to the supplier in lieu of the sales tax at the time of the purchase. The OWNER Owner will issue to the Contractor an exemption certificate for the Contractor’s records in substantiating materials Materials “resold” to the OWNER Owner by the Contractor’s incorporation of said materials Materials on the OWNER project(sOwner Project(s).