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In preparing a proposal, clarity is essential for subcontractors to ensure general contractors understand the bid. General contractors handle numerous details, so subcontractors should leave a clear trail of information. Utilizing the Master Format, which serves as a standardized system for addressing all aspects of a construction project, is crucial. The speaker highlights major divisions relevant to their current bid, such as Division 042613, which covers masonry veneer. This division typically includes both labor and materials for masonry veneer, though in some cases, the owner may supply the stone, while the subcontractor provides necessary construction materials.