The Bid Form for Construction of Building in Georgia is a legal document designed for contractors and owners engaging in construction projects. This form collects essential information including contractor details, project specifications, and payment terms, ensuring clarity and mutual understanding between parties. Key features include the initial payment structure, progress payments, and warranty provisions specific to the construction work. Users must complete and sign three copies of the bid form; two are submitted to the owner, who returns one signed copy to formalize acceptance. It details operational timelines, conditions for acceptance, and rights relating to claims and payments. This form is particularly useful for attorneys and legal assistants in advising their clients on construction agreements, as well as for owners, partners, and associates who need a standardized process for bidding on construction projects. By utilizing this form, users can mitigate legal risks associated with construction contracts in Georgia.