The Bid on Building in King form is designed for contractors seeking to submit a formal bid for a construction project. This document includes essential sections such as contractor details, owner information, project specifics, and payment terms. Key features of the form comprise the initial payment requirements, progress payment schedules, warranty periods, and conditions for completion. Users must complete and sign multiple copies, with clear instructions for the acceptance process by the owner. This form serves a variety of professionals, including attorneys, partners, owners, associates, paralegals, and legal assistants, by providing a structured approach to submitting and accepting bids. Its clarity and comprehensive provisions facilitate the understanding of contractual obligations and protect the interests of all parties involved. The form is especially useful for those managing or involved in construction projects, ensuring compliance with legal standards and promoting transparency in financial transactions.