Orange County NC Website
Browse       Search
_T-"Q-X <br /> Tax Management Associates, Inc. <br /> Business Personal Property Audit and <br /> Consulting Services Contract <br /> This Contract Addendum is made and entered into this <br /> '�,� day of Jam, 2013 by and <br /> between ORANGE COUNTY, a political subdivision of the State of North Carolina, hereinafter <br /> referred to as "County" and TAX MANAGEMENT ASSOCIATES, INC., a corporation <br /> authorized to conduct business in North Carolina, hereinafter referred to as "TMA". <br /> WITNESSETH: <br /> WHEREAS, the County desires to obtain audit services on the County business personal <br /> property taxpayers as authorized by the North Carolina General Statutes; and <br /> WHEREAS, the North Carolina General Assembly 2011 has passed House Bill 462 and <br /> subsequently amended General Statute §105-299 to prohibit the use of contingency based <br /> payments for the services found in the original agreement; and <br /> NOW, THEREFORE, for in consideration of the mutual covenants and agreements made <br /> herein, the parties agree as follows and in Attachment 1: <br /> AGREEMENT <br /> 1. AUDIT SERVICES: <br /> A. In accordance with the charges, terms and condition contained in the Agreement, TMA <br /> agrees to furnish business personal property audit services to verify the accuracy of <br /> taxpayers' tax listings files with the Orange County Tax Administrator. <br /> B. The services provided by TMA will be performed in accordance with the terms and <br /> conditions provided by this Agreement and in compliance with all applicable North <br /> Carolina Property Tax Statutes. TMA agrees to perform audits in accordance with <br /> professionally accepted auditing and accounting standards <br /> C. In accordance with the charges, terms and conditions contained in this agreement, TMA <br /> agrees to furnish Business Personal Property Audit Services to verify the accuracy of <br /> business taxpayers' business personal property tax listings filed with the Orange County <br /> Tax Administrator. Approximately one hundred and four (104) audit locations will be <br /> performed over the course of the term of the Agreement. Audits to be performed by TMA <br /> to verify the accuracy in Taxpayers' listings shall be selected and assigned by the County <br /> as may hereafter be deemed appropriate. <br />