How to write a general contractor construction bid template?

To write a general contractor construction bid template, include details about the parties involved, the scope of work, terms and payment schedule, total bid price, and insurance and bond requirements. Include provisions for changes to the scope of work, the process for negotiating additional costs, and provisions for the termination in the event of a breach. Specify the governing law and allow the owner time to accept or reject the bid before work can begin.

What is a general contractor construction bid template?

A general contractor construction bid template is a document used to create a proposal for a construction project. It includes a set of standard sections that provide information about the contractor, the project, and the terms under which the contractor is willing to work.

Why use a general contractor construction bid template?

The template serves as a tool to help the contractor organize and present their proposal clearly and consistently, making it easier for the owner or developer to understand and evaluate the proposal.

What details should I include in a general contractor construction bid template?

A general contractor construction bid template should include the Parties identifying the contractor and the owner entering the bid agreement, the Project Description, Terms, Bid Price, and Payment Terms. Additionally, you should clearly state the Changes to the Scope of Work, Insurance and Bonds to indicate the types and amounts of insurance and bonds required for the project. Include the Termination to describe the conditions under which either party may terminate the agreement.

What are the 5 steps in bidding on a commercial construction job?

The five steps in bidding on a commercial construction job are: Pre-bid preparation: Gathering necessary information and preparing the bid proposal. Submitting the bid: Presenting the proposal to the owner or developer. Review and negotiation: Reviewing and potentially negotiating the proposal with the contractor. Award of the contract: Selecting the winning contractor. Contract execution: Executing the contract and beginning the construction process.

General Contractor Construction Bid Template

Prepared for:

[Contractor.FirstName][Contractor.LastName]

[Contractor.Company]

Prepared by:

[Owner.FirstName][Owner.LastName]

[Owner.Company]

I. PARTIES

This Construction Bid (herein, the "Bid") is made and submitted by [Contractor.Company] (herein, the "Contractor"), with a mailing address of [Contractor.StreetAddress][Contractor.City][Contractor.State][Contractor.PostalCode], to [Owner.Company] (herein, the "Owner"), with a mailing address of [Owner.StreetAddress][Owner.City][Owner.State][Owner.PostalCode], each a party, collectively referred to herein as the "Parties," on [Document.CreatedDate].

II. PROJECT DESCRIPTION

The Owner is seeking bids to construct a new (type of structure) at (project address). The project will include (a list of proposed work to be performed).

The Contractor shall provide all materials, labor, and equipment necessary for the completion of the project.

III. TERMS

The project is expected to take (estimated number) months to complete, starting on (project start date) and ending on (project end date).

The Owner shall make payments to the Contractor in the amount of (insert percentage) of the total contract price upon completion of (insert percentage) of the work, (insert percentage) upon completion of (insert percentage) of the work, and the final payment upon substantial completion of the project.

IV. BID PRICE

The Contractor submits the following bid for the construction of the project:

(Insert total bid price)

This price includes all materials, labor, and equipment necessary for the completion of the project as described in the project description. The bid price also includes any necessary permits and fees, and contingency amounts for unforeseen circumstances that may arise during the project.

The bid price does not include any change orders that the Owner may request during the project.

V. PAYMENT TERMS

The Contractor shall submit invoices to the Owner on a (frequency, e.g., weekly, monthly) basis for work completed. Payment shall be due within (number) days of receipt of the invoice.

VI. CHANGES TO SCOPE OF WORK:

Any changes to the scope of work shall be made in writing and agreed upon by both Parties before work begins. The cost of any additional work shall be subject to a separate change order and shall be negotiated and agreed upon by both Parties before work begins.

VII. INSURANCE AND BONDS

The Contractor shall maintain a (type of insurance, e.g., general liability) insurance policy with a minimum coverage of (amount) throughout the project. The Contractor shall also provide a (type of bond, e.g., performance bond) in the amount of (amount) to secure the completion of the project.

VIII. TERMINATION

This Agreement may be terminated by either party upon (number) days' written notice if the other party breaches any material term or condition of this Agreement.

IX. GOVERNING LAW

This Lease shall be governed by and construed by the laws of the State of [Owner.State].

X. ACCEPTANCE OF BID

The Owner shall have (number) days from the date of receipt to accept or reject this Bid. The Contractor shall not begin work until the Bid has been accepted in writing by the Owner.

By submitting this Bid, the Contractor represents that it has read and understands the terms and conditions of this Agreement and is prepared to carry out the work described in the project description to the satisfaction of the Owner.

Signature

MM / DD / YYYY