The Proposal Template with Budget in Wake is a structured form designed for use in construction contracts, facilitating clear communication between contractors and owners. It includes sections for contractor and owner details, project description, payment terms, and special provisions. Key features include initial and progress payment specifics, warranty conditions, and options for termination. To fill out the form, the contractor should complete three copies and deliver two to the owner, who must then return one signed copy before the proposal's expiration date. This template serves attorneys, partners, owners, associates, paralegals, and legal assistants by providing a clear framework for legally binding agreements in construction projects. It helps in tracking project costs, timelines, and responsibilities, ensuring all parties understand their obligations and expectations. The straightforward language and organized layout of the form aid users with varying legal experience in effectively managing contract terms.