5.35.010 TERO fee.
(a) TERO Fee Amount. A fee, to raise revenue for the operation of TERO, is imposed on the following activities:
(1) Construction Contracts. Contractors with a construction contract exceeding $5,000.00 shall pay a fee of five percent of the total contract amount.
(2) Nonconstruction Contracts. Contractors for all nonconstruction contracts exceeding $2,000.00 shall pay a fee of one percent of the total contract amount.
(b) Changes to Contract Amount. The contractor must notify TERO of any changes to the original contract amount by providing an approved change order or amended contract. The TERO fee assessed shall be increased or reduced in proportion to any increase or reduction of the original contract amount.
(c) Inapplicable to Certain Agreements. The TERO fee does not apply to financing, loan and similar type agreements.
(d) For purposes of this section, construction contract activities include, but are not limited to, the following: building, modifying, refurbishing, or outfitting structures; road construction, maintenance, or upgrading; and supplies and materials for a construction or road project. Contracts for the following activities are considered nonconstruction contracts: timber harvest activities, legal services, and architect and engineering services. [Ord. 58 § 4601, amended, 5/9/2019; Ord. 34 § 4601, adopted, 2/6/2014.]