Examlex
For depreciable real property, all depreciation taken must be recaptured and treated as ordinary income.
Request For Proposal
A formal document issued by an organization soliciting bids from potential vendors or service providers for a specific project or service.
External Party
An individual or organization that is outside the primary organizations or individuals involved in a particular situation or transaction.
Contract Bid
The process of submitting a proposal to undertake a specific project or job, often within a competitive context.
Strict Guidelines
Rigorous and precise instructions or rules that must be followed carefully.
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