Federal Tax ID Credit?

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Author Message Jerome J. Lazar, RA, CCS, CSI, SCIP Senior Member Username: lazarcitec Post Number: 1442 Registered: 05-2003 Posted on Monday, August 24, 2015 - 12:27 pm:    I've been asked to modify an existing spec job to include Federal Tax ID Credit? Even better the PM for the Architect has asked me to clarify for him what revisions may be required for this Tax Credit. Seriously, I have no idea what an ID Credit is, familiar with Energy Conservation Credits, can any of my peers offer an explanation? John Bunzick, CCS, CCCA, LEED AP Senior Member Username: bunzick Post Number: 1639 Registered: 03-2002 Posted on Monday, August 24, 2015 - 02:25 pm:    This sounds like it should be part of the contract itself, not the specifications. And, as you point out, what kind of credit do they mean? For example, in Massachusetts public construction, the law used to be set up such that the contractor could purchase materials using a tax exemption ID number. (That has since been changed.) Or, there may be a credit available for a solar rebate. In any case, there is no credit I can think of that would be part of the specifications as opposed to the contract. However, if the task is to select certain products that would be eligible for a tax credit of some kind, I would say that the architect is the one that needs to determine this. Liz O'Sullivan Senior Member Username: liz_osullivan Post Number: 195 Registered: 10-2011 Posted on Monday, August 24, 2015 - 02:46 pm:    Sounds to me as if something got lost in translation from owner to architect to specifier. Jerome J. Lazar, RA, CCS, CSI, SCIP Senior Member Username: lazarcitec Post Number: 1443 Registered: 05-2003 Posted on Monday, August 24, 2015 - 02:51 pm:    Here is the exact language from the email I received from the Architect's PM this morning: "the hotel is seeking a Federal Tax ID Credit and I understand there is a format to follow with specifications for this. Are you familiar with the requirements? If so, can you direct me to what those may be?" However Liz, you are on the money again its like that cartoon that illustrates a swing hanging from a tree as what the Owner wanted, followed by each interpretation, the last being how it was built. ken hercenberg Senior Member Username: khercenberg Post Number: 942 Registered: 12-2006 Posted on Monday, August 24, 2015 - 02:58 pm:    Sounds like once again you've been hit with the weird question of the day. There must be hundreds of thousands of companies with Federal Tax ID numbers. I doubt anyone gets a credit just for having one. If you find out differently, I'll gladly sign up for one. Jerome J. Lazar, RA, CCS, CSI, SCIP Senior Member Username: lazarcitec Post Number: 1444 Registered: 05-2003 Posted on Monday, August 24, 2015 - 03:20 pm:    Its a Monday, what do you expect? Actually its now a sad Monday as I found out today the Florida REP for Sherwin Williams, Randy Moore, passed away last month. Really nice guy, 58, passed from a heart attack, Randy will be missed. James Sandoz, AIA, CSI, CCS, CCCA Senior Member Username: jsandoz Post Number: 176 Registered: 06-2005 Posted on Tuesday, August 25, 2015 - 08:13 am:    When I was a "project architect," PSWD (pre-spec writer days) and working on public school projects in Texas there was some document included in the procurement requirements and contracting group (Division 00) that enabled the contractor to get a refund, or avoid paying sales tax in the first place, on materials and equipment installed on the project. This did not include the contractor's overhead expenses, only stuff that actually went into the structure and became the Owner's property. The idea being the Owner was exempt from sales tax so this savings was passed on in the form of lower construction cost. I didn't do work for any non-profits or churches then so I don't know if this 'exemption' was available to those entities as well. James Sandoz, AIA, CSI, CCS, CCCA Senior Member Username: jsandoz Post Number: 177 Registered: 06-2005 Posted on Tuesday, August 25, 2015 - 08:14 am:    To clarify my previous post, the tax exemption was for Texas state sales tax not for any federal tax. ken hercenberg Senior Member Username: khercenberg Post Number: 943 Registered: 12-2006 Posted on Tuesday, August 25, 2015 - 09:31 am:    I don't think many private developers get to be sales tax exempt. Is there sales tax on construction materials in Florida?