Bid Proposal Contract With Client In Michigan

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

Description

The Bid Proposal Contract with Client in Michigan is a comprehensive document used by contractors to propose a construction project to potential clients. It outlines essential details including contractor and owner information, project address, and scope of work involved. The form includes provisions for project initiation, payment terms, warranty periods, and procedures for termination of the proposal. Key features include a clear structure for progress payments, detailing initial payments, retention, and final payments to ensure financial clarity. Instructions for completing the form emphasize the need for signatures from both parties for legal acceptance. This contract is crucial for attorneys, partners, owners, associates, paralegals, and legal assistants who are involved in construction projects as it safeguards both contractor and owner rights. It serves as a legal framework to minimize disputes and streamline the construction process, ensuring all parties understand their obligations and protections under Michigan law.