article thumbnail

Job Order Contracting – Audit Results

Building Information Management

JOC permits the issuance of job orders without competition because the tasks ordered were competed as part of the original award. Labor, Material, Equipment, and Subcontractor markups were inconsistently applied resulting in $163,084 in excess costs to the city. appropriate thereby costing the city $219,939. OBSERVATIONS.

article thumbnail

Job Order Contracting – Audit Results

Building Information Management

JOC permits the issuance of job orders without competition because the tasks ordered were competed as part of the original award. Labor, Material, Equipment, and Subcontractor markups were inconsistently applied resulting in $163,084 in excess costs to the city. appropriate thereby costing the city $219,939. OBSERVATIONS.

article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The capital credit is used only after all other deductions, losses or credits permitted under Titles 40 and 41 of the Code of Alabama 1975. The business must obtain a direct-pay sales and use tax permit from the State of Arkansas. This credit cannot be carried forward or back, and cannot be used to generate a refund to the taxpayer.

Income 75