WORLD TRADE CENTER - RESIDENTIAL APARTMENTS

NYC 9/11 Public Portal Document NYC-DEP Information For Bidders and S ly & Servic eemnent (Rev._ 17/93) York, is exempt from the aforesaid sales or compensating use taxes. With respect to such materials, the Contractor, at the request of the City, shall furnish to the City such bills of sale and other struments as may be required by it, properiy executed, acknowledged and delivered assuring to the City title to such supplies and materials, free of liens or encumbrances, and the Contractor shall mark or otherwise identify all such materiais as the property of the City. Title to al] materials to be sold by the Contractor to the City pursuant to the provisions of the Contract shall immediately vest in and become to sole property of the City upon delivery of such supplies and materials to the site and prior 1o its becoming a part of the permanent 2 proper condition and forthwith repair, replace and make good any damage therew, theft or disappearance there of, and furnish additional materials in place of any that may be lost, stolen or rendered unusable, without cost to the City, until such time as the work covered by the Contract is fully accepted by the City. Such transfer of title shall in no way affect any of the Contractor’s obligations hereunder. in the event that, after title has passed to the City, any of ali such supplies and materials shall be deemed to have been transferred back to the Contractor. The purchase by subcontractors of materials to be sold hereunder shall also be a purchase or procurement for resiie to the Contractor (either directly or through other Subcontractors) and therefore not subject to the aforesaid sale, or compensating use taxes, provided that the subcontract agreements provide for the resale of such materials prior to and Separaic and apart from the imcorporation of such supplies and materials into the permanent construction and that such subcontract agreements are in a form similar to this Contract with respect to the separation of the sale of materiais from the work and labor, services, consumable Supplies and any other matters to be provided and further that the subcontract agreements provide separate prices for (1) materials and (2) all other services and matters. 2. ‘The subcontract agreements m connection with this Contract shall provide for the resajie of such supplies and materials prior to and separate and apart from the incorporation of Such supplies and materials ito the permanent construction, and shall provide separate prices for (1) materials and (2) all other services and mantters. Such subcontract agreements shall be m a form similar to this contract with respect to the separation of the sale of materials from the work and labor and other things to be provided. Such separation shall actually be followed in practice, including the separation of payments for Supplies and materials from the payments for other work and labor and other things to be provided. The Contractor and his subcontractors and materiaimen shall obtain any and all necessary Contractor Exempt Purchase Certificates or resale certificates from the appropriate governmental agency or agencies, and furnish a Contractor Exempt Purchase Certificate or resale certificate to all persons, firms or corporations from which they purchase supplies and materials for the 45 NYC-WTC_000154176