The Building Plan with Elevation in Chicago is an essential form for contractors and owners engaged in construction projects. This form outlines the project's details, including contractor and owner information, project description, work involved, and financial arrangements like contract price and payment schedules. Key features include sections for initial and final payments, progress payments, and provisions for delays and warranties. Users must fill out specific details, including project dates and amounts, and both parties must sign the form for acceptance. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a clear structure for managing construction projects. It helps ensure compliance with legal requirements and contractual obligations, captures the conditions for subcontractor work, and delineates liability and insurance responsibilities. Familiarity with this form aids legal professionals in advising clients effectively on managing building projects and protecting their interests.