The Bid Proposal Form for Construction of Building in Franklin is a detailed document designed for contractors and owners to outline the terms under which a construction project will be executed. Key features of the form include sections for contractor and owner information, project description, final contract price, progress payments, warranty periods, and instructions for submission. The form must be completed in triplicate, with two copies delivered to the owner and one copy retained by the contractor. Key sections guide users on the notice period for commencement of work, final payments, and conditions related to subcontractors and payment terms. This form is particularly valuable for attorneys, owners, partners, associates, paralegals, and legal assistants involved in construction law, as it provides a clear framework for contractual obligations and protects the interests of all parties. With specified timelines and guidelines on payments and warranties, it ensures that users understand their rights and responsibilities, promoting a smooth project execution.