Big Building With Clock In Illinois

• Category: Construction - Contractors - Bids
• State: Multi-State
• Control #: US-00427-AZ
• Format: Word; Rich Text

Description

The Big Building with Clock in Illinois Bid Form for Construction is designed for contractors, owners, and lenders involved in construction projects. This form captures essential details such as project and owner information, the final contract price, and timelines for work commencement and completion. Key features include provisions for progress payments, an initial payment structure, and a warranty period. Filling out the form requires contractors to deliver three copies, with specific instructions for acceptance by owners before the proposal termination date. It's vital for contractors to specify all contract documents related to the project and any additional provisions that may apply. Target audiences, including attorneys, partners, owners, associates, paralegals, and legal assistants, can utilize this form to establishing clear legal frameworks around construction agreements. The form ensures both parties are aware of their obligations, such as payment terms and milestones, thereby minimizing the risk of disputes. The robust guidelines within this form assist users in navigating through construction contracts with clarity.