The Bid Proposal Contract for Data Entry Project in Wake is designed to facilitate the formal agreement between a contractor and the project owner for data entry services. This form outlines essential details such as the project description, contract price, payment terms, and responsibilities of both parties involved. Key features include instructions for filling out the form, which require the contractor to complete and provide copies to the owner for acceptance. The document details the initial and final payment processes, including retention percentages and timelines, ensuring clarity on financial obligations. Additionally, it emphasizes the importance of substantial completion, warranty periods, and conditions for subcontractor involvement. The target audience, including attorneys, partners, owners, associates, paralegals, and legal assistants, can utilize this form to establish clear contractual obligations and rights, preventing disputes during the project. Furthermore, by following the outlined instructions, users can effectively manage the bidding and acceptance process, making it a crucial tool for legal compliance in construction and data entry projects.