The Bid and Proposal with Freelancer in Illinois is designed to facilitate the contractor-owner relationship during a construction project. This form outlines essential project details including contractor information, project specifications, payment structures, and warranty terms. Key features include sections for initial and progress payments, retention percentages, and specific timelines for work commencement and completion. Users are advised to complete three copies of this form, with the contractor submitting two to the owner who then returns one with acceptance. Target audiences such as attorneys, partners, owners, associates, paralegals, and legal assistants will find this document useful for ensuring clarity and legal compliance in contractor agreements. It provides a structured approach to managing contracts and obligations, ultimately safeguarding both parties' interests. The straightforward design promotes efficient editing and completion, making it accessible even for users with limited legal experience.