The Bid Proposal Contract for Freelancer in New York is a critical document for contractors and property owners engaging in construction projects. It outlines key elements such as project descriptions, progress payment structures, and warranty periods, ensuring clarity in expectations for both parties. The form requires the contractor to detail work commencement, initial payment, and final payment terms, including retention percentages and deadlines for application. Essential instructions are provided for filling out and delivering the contract, indicating the execution of copies by the contractor and owner. This template serves various use cases, including securing construction jobs and establishing a legal framework for project responsibilities. It is particularly useful for attorneys, partners, and legal assistants in ensuring compliance with contract law and for freelancers who require clear terms in their agreements. It supports legal review and drafting, ultimately safeguarding the interests of all parties involved.