Retail tax also applies to materials purchased directly by an owner/builder. All contractors are considered to be prime contractors and must have a transaction privilege license. This includes general contractors, subcontractors and specialty contractors.
If a business is selling a product or engaging in a service subject to TPT, that business will likely need a license from the Arizona Department of Revenue (ADOR) and a TPT, or business/occupational license, from the city or cities in which the business has a base or operation.
Just because the ad says it does NOT mean it's true! An unlicensed entity may be a company or individual. To be a contractor in Arizona, an entity must be licensed.
A total Transaction Privilege (Sales) Tax rate of 8.35%, (6.35% State and County, 2.00% Prescott), is imposed on the gross income of any person engaging in Construction Contracting. If tax has been neither separately charged nor separately collected, factoring of tax is allowed in computing taxable income.
Contractors engaging in taxable construction projects or activities are required to obtain a TPT license.
Get started searching contract opportunities Use the search feature on SAM. Follow contract opportunities. Save my searches. Use the interested vendors list.
Contract Opportunities: Search, find, bid Government agencies use sam to list contracts over $25,000. Find a contract that fits your business and submit a bid.
To bid on federal construction contracts, you must apply for a profile on the System for Award Management (SAM). Once you've registered for this centralized online portal at SAM, you can use its search function to find federal construction bidding projects.
You can use Contracts Finder to: search for contract opportunities in different sectors. find out what's coming up in the future. look up details of previous tenders and contracts.
What Is a Reasonable Up-Front Deposit for a Contractor? Job SizeDeposit Small 50% Large 10%–20% Custom or specialized Up to 50%