The Bidding Proposal Contract provides a formal agreement for contractors to submit their construction proposals to owners in San Diego. This form outlines essential details, including project descriptions, terms of payment, and the period for proposed work completion. Legal parties involved can specify the total contract price, retention percentages for progress payments, initial payments, and warranty periods. It requires the contractor to complete and sign three copies, ensuring two reach the owner for acceptance by signature before the proposal termination date. The language is clear and designed for users with various legal experiences, making it accessible for attorneys, partners, owners, associates, paralegals, and legal assistants. Key features include provisions for handling subcontractors, payment procedures, progress and final payments, and conditions that must be met before payments are issued. This standard form assists legal professionals and construction teams in establishing clear terms, minimizing disputes, and ensuring compliance with local regulations.