The Bid Form for Construction of Building outlines the bid requirements in Bronx for contractors and owners involved in construction projects. Key features include details for contractor and owner information, project description, payment terms, and warranty periods. Contractors must complete and submit three copies of the form, while owners must accept the proposal by returning one signed copy prior to the proposal termination date. The form specifies initial and progress payments, as well as the conditions for final payments following project completion. It also outlines the roles of subcontractors and the contractor's responsibilities regarding work quality and compliance with specifications. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form useful for ensuring compliance with local regulations, managing contracts effectively, and protecting their clients' interests throughout the construction process. Additionally, it serves as a legal reference for dispute resolution and securing payment, making it essential for all parties involved in the construction project.