The Proposal Building Template with Formulas in Cook serves as a comprehensive bid form specifically tailored for construction projects. It facilitates the creation of detailed proposals with sections for contractor and owner information, project descriptions, contract pricing, and payment terms. Key features include customizable fields for initial and final payments, progress payments with retention percentages, and a clear structure for warranties and completion timelines. The document emphasizes legal protections and responsibilities, outlining the process for subcontracting and conditions for payment. For attorneys, partners, and owners, this template aids in ensuring all legal requirements are met while providing a clear framework for project management. Associates, paralegals, and legal assistants will find it beneficial for preparing accurate, professional proposals that meet industry standards. The form includes specific instructions for filling out and submitting the proposal, making it accessible for users with varying levels of legal experience.