The Bid Proposal for Data Entry Project in Michigan is a formal document used to outline the terms and conditions for a data entry project. It includes details such as contractor and owner information, project description, payment terms, and timelines for commencement and completion of work. The document specifies the initial and final payments, including retention percentages, to ensure clarity on financial obligations. It is essential for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a structured framework for bidding on projects while ensuring all parties understand their rights and responsibilities. Key features include sections for subcontractor delegation, warranty provisions, and conditions for progress and final payments, allowing for flexibility while maintaining accountability. Instructions for filling out the form are included, ensuring proper execution and acceptance by the involved parties. This form is particularly useful for legal professionals managing construction or data entry projects, ensuring compliance with state regulations while facilitating clear communication between stakeholders.