RETIREMENT SYSTEM STATUS AND TAXES. CM/GC represents and warrants that it is not a contributing member of the Public Employees' Retirement System and will be responsible for any federal or state taxes applicable to payment received under this Contract. CM/GC will not be eligible for any benefits from these Contract payments of federal Social Security, employment insurance, workers' compensation or the Public Employees' Retirement System, except as a self- employed individual. Unless the CM/GC is subject to backup withholding, City will not withhold from such payments any amount(s) to cover CM/GC’s federal or state tax obligations.
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Sources: Construction Manager/General Contractor Contract, Construction Manager/General Contractor (Cm/Gc) Contract
RETIREMENT SYSTEM STATUS AND TAXES. A.6.1 CM/GC represents and warrants that it is not a contributing member of the Public Employees' Retirement System and will be responsible for any federal or state taxes applicable to payment received under this Contract. CM/GC will not be eligible for any benefits from these Contract payments of federal Social Security, employment insurance, workers' compensation or the Public Employees' Retirement System, except as a self- employed individual. Unless the CM/GC is subject to backup withholding, City Owner will not withhold from such payments any amount(s) to cover CM/GC’s federal or state tax obligations.
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