Resident Bidders Sample Clauses
Resident Bidders. In compliance with Colorado Revised Statutes § ▇▇-▇▇▇-▇▇▇, preference shall be given to resident bidders against nonresident bidders from a state or foreign country equal to the preference given or required by the state or foreign country in which the nonresident
Resident Bidders. In compliance with Colorado Revised Statutes § ▇▇-▇▇▇-▇▇▇, preference shall be given to resident bidders against nonresident bidders from a state or foreign country equal to the preference given or required by the state or foreign country in which the nonresident bidder is a resident. The term “resident bidder” means a person, partnership, corporation, or joint venture that is (a) authorized to transact business in Colorado and maintains its principal place of business in Colorado; or (b) authorized to transact business in Colorado, maintains a place of business in Colorado, and has paid Colorado unemployment compensation taxes in at least six (6) of the eight (8) quarters immediately prior to bidding on a construction contract for the Project.
Resident Bidders a) The contractor shall be exclusively responsible and liable to pay Taxes on Income arising out of payment made out of the contract.