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What does a Bid Form do? Project owners and contractors can use Bid Forms to outline all the terms and conditions of a bid on a construction project. Project owners can create blank Bid Forms for all applicants to fill out, or contractors can create their own when placing a bid.
Bid Instructions, or Instructions to Bidders, is a document issued by the investment bank running a competitive auction process that contains all the requirements, expectations, procedures and other information deemed necessary to aid bidders in presenting their bids.
AIA contracts and forms are consensus documents that reflect advice from practicing architects, contractors, engineers as well as owners, surety bond producers, insurers, and attorneys. AIA documents balance the interests of all the parties, so no one interest, including that of the architect, is unfairly represented.
Bid documents include the plans, specifications and estimates (PS&E) developed to describe all of the elements of a construction project and become the contract between the local government and the selected contractor.
What is AIA-style invoicing? # AIA-style invoicing is based on the AIA application for payment forms (sometimes referred to as the G702 Application for Payment and G703 Continuation Sheet), which are a standardized set of invoicing forms widely used in commercial construction in the United States.