Bid Form Examples In Wake
Category:
State:
Multi-State
County:
Wake
Control #:
US-00427-AZ
Format:
Word;
Rich Text
Instant download
Description
The Bid Form for Construction of Building is a crucial document for contractors and project owners in Wake. It outlines key sections such as contractor and owner information, project description, payment terms, and warranty periods. Notable features include the initial payment structure, progress payment retention, and conditions for progress and final payments. Instructions for filling out the form specify that the contractor must complete three copies and submit two to the owner, who then accepts the proposal by signing and returning one. The form serves as a binding agreement between parties, making it essential for attorneys, partners, and legal assistants involved in construction projects. Additionally, the form addresses important legal provisions, such as liability insurance, contractor responsibilities, and conditions under which subcontractors may be used. Overall, the Bid Form is an invaluable tool that facilitates clarity and agreement, minimizing disputes throughout the construction process.
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