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Specification No.: 1097939 Contract (P.O.) No.: Vendor No.: CityFundedEXHIBIT 9 SAMPLE PROFESSIONAL SERVICES AGREEMENT BETWEEN THE CITY OF CHICAGO DEPARTMENT OF ASSETS, INFORMATION, AND SERVICES AND
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Contract P is a specific form required by the IRS for reporting certain types of transactions, obligations, or contracts that meet predefined criteria.
Entities or individuals engaged in contracts or transactions that fall under the reporting requirements of the IRS are mandated to file Contract P.
To fill out Contract P, obtain the form from the IRS website or related resources, follow the instructions provided, and ensure all relevant information and documentation are accurately completed.
The purpose of Contract P is to ensure transparency and compliance in reporting specific contracts or transactions to the IRS, aiding in effective tax administration.
Contract P requires the reporting of details such as the parties involved, the nature of the transaction, amounts, and other relevant financial information.
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