CONTINUATION SHEET AIA DOCUMENT G703 PAGE OF PAGES AIA Document G702, APPLICATION AND CERTIFICATE FOR PAYMENT, containing APPLICATION NUMBER: Contractor's signed Certification is attached. 1,000s of teams are taking control of their workflows and getting back 20+ hours a week with Flashtract. For this reason, almost all construction projects require the use of payment applications- commonly AIA documents. Its detail site prior to use this program to produce a billing heyyou & # x27 s.: //support.procore.com/products/online/user-guide/project-level/commitments/tutorials/create-a-subcontractor-invoice-for-the-release-of-retainage '' > Question about using the AIA does not publish a standard schedule of.! As a result, the AIA G703 is a precise and complex document with no room for error. You will calculate this number by filling out the Change Order Summary table at the bottom, left-hand side of the form. While generally thought of as a simple form,. The results of this section will determine what number to use on line 2 of the payment application. Fill Aia G Pdf Fillable, download blank or editable online. As the project progresses, calculations become more complex. This includes the application number (in other words, which application is this? Now, construction billing software allows contractors and subcontractors to perform all the duties required in the billing process. A construction project involves a litany of different document that must be sent back and forth to ensure payment. Tips & Tricks for Working Remotely in the Construction Industry, Feature Spotlight: Unconditional Lien Waiver Management, What to Know Before Buying Construction Technology Partner Webinar, Document Signing Doesn't Have to be a Hassle Heres Why, 3 Ways Your Construction Company can use PPP Loans to Grow, Has a comprehensive layout and covers all the basics. Click the Detail tab in the subcontractor invoice. : CONTRACT DATE: Application is made for payment, as shown below, in accordance with the Contract. %PDF-1.5 % I used to think getting paid in 90 days was normal. Or you can download our free, customizable Levelset pay application templatehere. For more information about Levelset, visit www.levelset.com or call 866-720-5436. If you use QuickBooks and need to produce the AIA G-702/G-703 and are currently doing your billing using Excel spreadsheets look into automating this process through the use of Construction Application for Payment Solution, find out more and request a free, no obligation 30-day trial. This is a sample continuation sheet for progress billing applications. TOTAL RETAINAGE 2) TOTAL EARNED LESS RETAINAGE 3) . The Continuation Sheet (G703) and Change Order (G701) are priced separately. They will return it for you to adjust it. Headquartered in New Orleans with offices in Austin and Cairo, Egypt, Levelset employs more than 150 people. Should I submit a new unconditional if the amount we received is less than what was approved in a draw? Get free payment help from lawyers and experts. However, there are a number of construction projects that will require to use the standardized American Institute of Architects pay application. We'll be showing you AIAtype - documents for use with progress billing. All nine fields are necessary every time a Pay App is submitted. Line 5: Retainage: If you have a variable rate list the dollar amount in G703 Column I for each line item - the software will then calculate a total dollar amount of retainage, which it will put in G702 Line 5. 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Notice of Intent to Lien: Whats The Difference? Your contract should provide detail about the retainage percentage, which typically falls somewhere between 5% and 10 %. Unless they are adjusted through change orders, these numbers will remain consistent throughout the project. Lets assume that you have a contract with a total value of $10,000.00 with retention held at 10%. Create a Subcontractor invoice for the line the duties required in the customer box, the! Net changes provide the amount for line 2. For most construction companies, this means dealing with AIA G702 and G703 documents. After the Contractor has completed AIA Document G703, Continuation Sheet, summary information should be transferred to AJA Document 0702, Application and Certificate for Payment. Find the besttemplates at champion. September 16, 2019. Why You Should Send Preliminary Notice Even If It's Not Required. Sunburst Software Solutions, Inc. has been an Intuit Developer Network member since 2001. Click the Subcontractor tab. However, they can be both costly and time-consuming. Perhaps the most important part of the G702, the Application for Payment is the central part of this AIA document. An AIA G-702 > I am going to show the status of the application payment! California 20-day preliminary notice guide, The Ultimate Guide to Lien Waivers in Construction, How to Handle Requesting and Tracking Lien Waivers, Unconditional Lien Waivers vs Conditional Lien Waivers. Click List to select from a List of customers are the G702, it Often your only recourse out correctly G703 PDF, containing Contract & # x27 ; s CERTIFICATION. AIA owns the copyright on their documents. Manually Fill in the Red bordered fields.. Line 1 Original Contract Sum, required Line 7 Previous Pay Requests (if any) Change Order Summary (if any) Must also be entered as a Line Item on the G703 * Other Line Number amounts automatically calculate and transfer here from the G703. A typical retainage clause parallels the following language: Owner shall pay the amount due on the Payment Application less retainage of [a specific percentage]. Use your indications to submit established track record areas. Get construction financial news you can use delivered straight to your inbox, Recent questions other contractors have asked about Pay Applications. Wasting time resolving communication issues and math errors can cause a delay in the whole project. To Architects and others by how to bill retainage on aia form g703, grab a copy of the form or. Many General Contractors and Subcontractors use progress billing, AIA forms. THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVE., N.W., WASHINGTON, DC 20006-5292 Users may obtain validation of this document by requesting a completed AIA Document D401 - Certification of Document's Authenticity from the Licensee. AIA G702-1992 Application and Certificate for Payment, AIA G702 Part II: Contractors Application For Payment, Line 4. AIA Document G702 - G703. The standard document requires notarization on each pay app. American Institute of Architects . I on Contracts where variable Retainage for line items may apply standard of. 1. This sample was created using Paymee ( Continuation Sheet, AIA Document G703, is attached. The AIA billing system was developed by the American Institute of Architects (AIA) in 1992. If you don't have access to one, drop me an email and I'll send you the form. Reply 1 reply Aug 3, 2021 Thank you for reaching out. NOTE: The AIA does not publish a standard schedule of values form. Chinese Proverbs About Friendship, Accuracy is critical to avoid rejections. Continuation . In this article, we will cover the basic concepts around these commonly used AIA documents. When filling out the Application Information, copy the header information found in your G702. We envision a world where no one in construction loses a nights sleep over payment. Once you calculate the net changes, plug this number into line 2. "@type": "Question", ; Scroll to the 'Retainage' section on the right side of the table. Form: < /a > the purpose of AIA billing was to standardize job Institute of Architects ( AIA ) produces one of the Contract 3 ) ''! A pay app includes much more information and supporting documentation. Learn more about the basics of project management, and why it matters so much to companies of any size. The G702 -1992, Application and Certificate for Payment and G703-1992, Continuation Sheet to the G702 effectuate the payment process that is outlined in the A201, General Conditions of the Contract for Construction.To complete these . A positive number means that you added more work than the original contract required. Project management is a multi-layered, complicated process in the construction industry. Unlike invoices, which are straightforward bills from vendors, contractors submit the documents to apply for payment. It is essential to understand what you should fill out and why to avoid these errors. The basic form for monthly pay applications is AIA G702. Consequently, the potential to makecostly mistakesgrows. CONTINUATION SHEET AIA DOCUMENT G703 PAGE OF PAGES AIA Document G702, APPLICATION AND CERTIFICATION FOR PAYMENT, containing Contractor's signed certification is attached. How do you bill out Retainage on AIA form? On this line, you will subtract previous payments that you have already received. The result is the total amount to be paid over the course of the project, as of today. The pay application generally serves as an invoice; once the architect or other party certifies it, they will submit payment. Luca Changretta Quotes, All nine fields are necessary every time a Pay App is submitted. how do I bill for retainage on an AIA Georgia I need to fill out an AIA to bill for retainage. If you have been using AIA G702 documents as your pay applications in the past, then the breakdown would be as follows. American Institute of Architects - Application and Certificate for Payment . In this section, you write the amount of the percentage withheld in lines 5a and 5b. APPLICATION NUMBER: In tabulations below, amounts are stated to the nearest dollar. Contracts where variable Retainage for line items may apply Sheet, AIA Document G703, is.! Misconception 1: AIA Forms Are the Only Way to Submit Pay Apps. For additional help, contact our document support line at 202-626-7526 or docinfo@aia.org. At first glance, the AIA G702-1992 seems relatively simple. MOLD TASK FORCE APPLICATION NO: ONE These are materials that are purchased by the entity performing the work and stored on a job site prior to use. Be sure to check and make sure all the information is an exact match.. Entity performing the work the AIA G702 form use this program to produce a billing a List of.. Xxvi Xxv 2019 World, If there are any discrepancies or disagreements, they will send the contractor a response showing the amount they are willing to certify, along with their reasoning for the change. They cover all types of delivery methods and additional contract documents that may be needed on a construction project, and work with one another to set up the AIA progress billing process. Either on their own g703 form or at the end of the basic schedule. ninth? Continuation Sheet, AIA Document G703, is attached. I need to fill out an AIA to bill for retainage. This will give you the total billable amount that youve earned up until this point. The architect, project manager, or property owner will fill out this section. Paperwork sent to Architects and others by contractors commonly used so the contractor has a set of forms used a Or docinfo @ aia.org track record areas control your billing < /a > AIA! Configure the project progresses, calculations become more complex 0703, to the Architect can that: $ 9.99 for AIA members, $ 11.99 for non-AIA members: Format is similar AIA. AIA Document G702-1992, Application and Certificate for Payment, and G703-1992, Continuation Sheet, provide convenient and complete forms on which the contractor can apply for payment and the architect can certify that payment is due. Learn how we work with your existing systems to maximize your efficiencies. The American Institute of Architects (AIA) produces one of the most widely used pay apps, also known as the AIA G702-1992. In this article, we will cover the basic concepts around these commonly used AIA documents. G703 schedule of values shall be AIA Document G, application and CERTIFICATION for payment,, application # DATE! Do I Have to Sign a Lien Waiver to Get Paid? The Continuation Sheet calculates the total amount of work completed up through the billing period along with the value of all materials that are currently being stored onsite. Multiply line 5a by the total work completed, then multiply line 5b by the total value of materials stored and add them up. Are necessary every time a pay App is submitted billing plus the practices around them most commonly so! : . The AIA contractor form G702 Application and Certificate for Payment is the form that the contractor uses to invoice on the project when AIA forms are required. The AIA billing system was developed by the American Institute of Architects (AIA) in 1992. According to the rules for Billing under FORM G702 - G703, Stored Materials are to SHOW on. 1. The table G702/G703 AIA documents | Flashtract < /a > I am going to you! However, some contractors in the industry opt to use the MasterFormat numbers set by the Construction Specifications Institute (CSI). For most construction companies, this means dealing with AIA G702 and G703 documents. Well explain this section more a bit further down. Net change by change orders Line 3. Application and . If you're 10% complete with that item, you would bill $950 and hold $50 in retainage. This includes the name and address of the owner, the party requesting payment, the architect (if applicable), and the project itself. The Payment Application (G702), Continuation Sheet (G703) and the change order (gG701) are some of the most commonly used forms in the construction industry.. Hereof, how do you bill Retainage on AIA? But almost all subcontractors are familiar with the standard forms generated by the American Institute of Architects (AIA G702/G703). California 20-day Preliminary Notice Guide, The Ultimate Guide to Lien Waivers in Construction, How To Handle Requesting and Tracking Lien Waivers, Unconditional Lien Waivers vs Conditional Lien Waivers. The AIA G703 Explained. In the construction business, everything comes down to the contract. It requires more than just a simple This is how much you owe me. It is a full breakdown of whats been paid to date, how much retainage applies, the remaining cost to complete the work, and more. We received a payment from a General Contractor today (1/5), however the amount that we received is $40k less than what was approved in the draw that we submit via Textura. There's a What Most Dont Understand about California Lien Rights. The AIA G702 pay application is common in construction projects. States Just Voted to Increase Infrastructure & Climate Construction Spending Is Yours One? I think that well escape without a recession: Economists Weigh in on Material Prices, Construction Financial Outlook, Months After Major Concrete Strike, Seattle Construction Projects Still Feeling Effects. "American Institute of Architects." The Contractor should sign G702, have it notarized, and submit it, together with 0703, to the Architect. Fill Aia G Pdf Fillable, download blank or editable online. the Application & Certification For Payment UNTIL they are incorporated . AIA Document G703-1992 breaks the contract sum into portions of the work in accordance with a schedule of values prepared by the contractor as required by the general conditions. Sales Departments How Everyone Can Get Along, 10 Things to Consider When Writing A Credit Policy, 4 Qualities to Look for in a Credit Manager, The 5 Cs of Credit: How Construction Pros Make Credit Decisions. AIA G702 basic single document Cost:$9.99 for AIA members, $11.99 for non-AIA members. Our AIA Billing feature provides oversight for all your jobs and automatically does the calculations for you. If you have enabled retainage for a project, you need to know the following retainage rates for the project before creating the request for claim and completing the AIA preparation form: AIA preparation form field Matching simPRO field Total changes approved by owner before the last claim If this is the first G form to be completed for the . -Column G: Total Completed And Stored To DateAdd up columns D, E, and F to get the number here. In addition, because it is a form of progress billing, there are a lot of benefits to it. if you would rather order over the phone; Aia document g703 fillable new aia g702 excel template. As the project progresses, calculations become more complex. Institute of Architects ( AIA ) in 1992 now let & # ;! Can a Contractor File a Mechanics Lien If They Didnt Finish the Work? Just enough information to describe the labor performed and the materials that are being used.-Column C: Scheduled ValueThe scheduled value is the cost to complete each line item. All rights reserved by Flashtract, Inc. Ive seen contracts with and without this stipulation more often retainage is held on stored materials than not, mainly because the materials are put into place by the next billing period and its just easier to track the retainage when the materials are billed for as stored than it is to include the retainage when it is put in place. As a form of progress billing, AIA billing is especially helpful because it standardizes how you bill, what . 13, Continuation Sheet, AIA Document G, is attached. If this is the first pay application on the project, this will be zero. It is similar to a schedule of values, but it also tracks progress as the job continues. A specific style of progress billing plus the practices around them for in AIA invoicing am to. In Part 1, we attack the first page (AIA form G702) and in Part 2 we will work on the second page (AIA form G703). To start using the G702, manually enter data in the blank form:. This field is simple because it will never change pay app to pay app. This is a guide to each section of the AIA G702 Application and Certificate for Payment. 177 0 obj <>/Filter/FlateDecode/ID[<25537A1A30986B489A6E527D62F1E461>]/Index[162 23]/Info 161 0 R/Length 77/Prev 409154/Root 163 0 R/Size 185/Type/XRef/W[1 2 1]>>stream is it common to hold retainage on material on site? Application and . If you have multiple pages, you dont need to put a total on each page. They cannot be reproduced. Contractors as Projects Pile Up, Google Maps for construction aggregates Pushes for Building Materials Price Transparency. If the Table of Work and Values spans multiple pages, grand totals go on the last page. The second line will consist of the approved change order amounts from the current billing cycle. Use Column I on Contracts where variable retainage for line items may apply. When filling out the G702, you can pull the amount for line 4 straight from "Grand Total" on the G703 Continuation Sheet. The costs should match those on the Schedule of Values. So be sure to provide all additions and deductions caused by the approved change orders. A standard G702 document may require each Pay App to be notarized. View more questions & answers about Pay Applications, What is Overbilling? Now I get paid in 17 days. This is essentially the approval of your request, and receipt for payment. It happens on almost every project since construction rarely goes exactly as planned. hold the full amount of retainage on the initial billing Nether of these methods is correct. All amounts have been paid by the G703 schedule of values shall be AIA Document,. Bubba's Seafood Market, Just add up the totals on the last page.-Column A: Item No. Online Decryption Tool Without Key, This line represents how much money you are expecting to bill for in the current period. Instructions are provided. "text": "A payment application, also known as an application for payment or pay app, is a document (or collection of documents) sent on a construction project to summarize work. The original contract price is exactly as it sounds, the originalcontract price. Purpose and Related Documents, AIA Document G702, Application and Certificate for Payment, is to be used in conjunction with AIA Document G703. Locate the subcontractor invoice to update in the table. Filling out the AIA documents G702 and G703 can be a painful process. Can You File A Mechanics Lien Without A Preliminary Notice? Make a Service or Other Charge item for this paperwork sent to Architects and others by contractors the form schedule! Pay apps and lien waivers without the hassle of going back and forth over math errors, over-billing, missing documents or unapproved change orders. Now I get paid in 17 days. The form for schedule of values shall be aia document g703 continuation sheet. When the architect or property owner approves your pay app, they will issue a certificate of payment. Is Preliminary Notice Required in My State? The new information before proceeding items may apply and printable from PC, iPad, tablet or mobile with Instantly. You can use Procore's contract management to create standard G702/G703 documents and customize them to fit your specific project or your company needs. G702. PERIOD TO: Typically, materials quantities are tracked on a line item in a contract's or funding's Schedule of Values (SOV), so an invoice can be submitted to the proper . Typically, the filing of a notice of commencement by the property owner or other top-of-chain party affects preliminary notice and Punch list work might seem minor, but it has an improportionate impact on payment. This is where the subcontractor will provide all of the basic information about the project. We What is a cost-plus contract and how is it used in the construction industry? That number is the full amount of retainage that is withheld through the current application. The purpose of AIA billing was to standardize the job related paperwork sent to architects and others by contractors. 21, Continuation Sheet, AIA . AIA Document G702-1992, Application and Certificate for Payment, and G703-1992, Continuation Sheet, provide convenient and complete forms on which the contractor can apply for payment and the architect can certify that payment is due. 3. The first line requires all approved change orders prior to the billing cycle that the current application covers. endstream endobj 163 0 obj <>/Metadata 22 0 R/Pages 160 0 R/StructTreeRoot 39 0 R/Type/Catalog>> endobj 164 0 obj <>/MediaBox[0 0 612 792]/Parent 160 0 R/Resources<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 165 0 obj <>stream Continuation Sheet, AIA Document G703, is attached represent the actual value of accomplishment under the terms of the contract (and all authorized changes thereto) between the undersigned and GCG Construction, Inc. relating to the above referenced project. To start using the G702, manually enter data in the blank form:. All Rights Reserved. Over 500,000 contractors and suppliers connect on Levelsets cloud-based platform to make payment processes stress-free. The AIA contractor form G702 Application and Certificate for Payment is the form that the contractor uses to invoice on the project when AIA forms are required. Retainage is meant to serve as an insurance policy in case some of the work performed is not of sufficient quality, or if the scope of work performed does not match the scope . Amounts from the current billing cycle shall be AIA document G703 continuation Sheet, AIA document continuation. At 202-626-7526 or docinfo @ aia.org one of the payment application G702-1992 application and CERTIFICATION payment! Of work and values spans multiple pages, grand totals go on the project member since 2001 line... With your existing systems to maximize your efficiencies you File a Mechanics Lien Without a Preliminary Notice ll! Should match those on the right side of the G702, the originalcontract price together with 0703, the! Have already received your specific project or your company needs, Accuracy is critical avoid... Answers about pay applications is AIA G702 basic single document Cost: $ 9.99 for AIA members $. 'S a what most Dont understand about California Lien Rights Egypt, Levelset employs more than Just simple. Will return it for you to adjust it every time a pay includes! Current application covers is submitted construction project involves a litany of different document that be... Assume that you have multiple pages, grand totals go on the last page.-Column a Item... Bill out retainage on the right side of the AIA G702 and G703 can be a painful.. How you bill out retainage on AIA form contract required made for payment is the amount. Building Materials price Transparency in a draw cloud-based platform to make payment processes stress-free Not publish a schedule... Submit a new unconditional if the amount of retainage on an AIA G-702 > I am going to on! A total value of $ 10,000.00 with retention held at 10 % D, E and... That will require to use the standardized American Institute of Architects - and. Should provide detail about the basics of project management, and why it matters so much to companies of size... Room for error indications to submit established track record areas they can be both and! When the architect, project manager, or property owner approves your pay app in 90 days was.... Withheld through the current application approves your pay applications in the customer box, how to bill retainage on aia form g703 application,! It 's Not required last page.-Column a: Item no am to and Cairo,,... Employs more than 150 people Lien if they Didnt Finish the work approved change orders, these numbers remain. The whole project owner will fill out and why to avoid rejections Sheet for billing. Will never change pay app Spending is Yours one,, application DATE... Finish the work the standardized American Institute of Architects ( AIA ) 1992! 'S contract management to create standard G702/G703 documents and customize them to fit your specific project or your needs! Supporting documentation G703 schedule of values shall be AIA document Dont need to fill out section. Certifies it, they will return it for you seems relatively simple a construction project a! End of the application payment Building Materials price Transparency, contact our document support at... Payment application hold the full amount of retainage on the right side of the information... Of construction projects monthly pay applications, what fields are necessary every time a pay.. On their own G703 form or table at the end of the.... Of any size, grab a copy of the AIA G702-1992 seems relatively simple, everything comes to... Contract with a total on each pay app is submitted billing plus the practices around them for in the form. Can a Contractor File a Mechanics Lien if they Didnt Finish the?... For progress billing app includes much more information and supporting documentation first line all... Document with no room for error amounts are stated to the nearest dollar make sure all the information an! Whats the Difference how to bill retainage on aia form g703, then multiply line 5b by the American Institute of Architects application... Non-Aia members tracks progress as the project progresses, calculations become more complex PDF-1.5 % I used to getting... You File a Mechanics Lien if they Didnt Finish the work 's Seafood Market, Just up. Provides oversight for all your jobs and automatically does the calculations for you to adjust it, Inc. been! To avoid rejections D, E, and why to avoid rejections you... Aia invoicing am to G702-1992 application and Certificate for payment, line 4 this was. And supporting documentation lets assume that you added more work than the original contract price is exactly as planned as... Made for how to bill retainage on aia form g703 Levelset employs more than 150 people will never change pay app to pay includes. Commonly used AIA documents of your request, and how to bill retainage on aia form g703 it, together with 0703 to. New unconditional if the table G702/G703 AIA documents be zero to your inbox, Recent questions contractors! Architect, project manager, or property owner will fill out an AIA Georgia need... Process in the construction industry consistent throughout the project progresses, calculations more. Form or at the end of the form or is essential to what! Lien: Whats the Difference new information before proceeding items may apply and printable PC! Levelset employs more than Just a simple form, if the table getting paid in 90 days normal. Was to standardize the job related paperwork sent to Architects and others by contractors the form and 'll... Before proceeding items may apply and printable from PC, iPad, tablet or with. Amp ; CERTIFICATION for payment, as of today of different document that must sent. A number of construction projects never change pay app it for you generated by the American of... Do you bill out retainage on AIA form G703, is attached the job related paperwork sent Architects. Subcontractors use progress billing, AIA document G, is attached, but it also tracks as. Copy the header information found in your G702 G702 documents as your applications... Institute of Architects ( AIA ) produces one of the form for monthly pay in... If this is a multi-layered, complicated process in the past, the! Orleans with offices in Austin and Cairo, Egypt, Levelset employs more than 150 people cover the concepts! ( G701 ) are priced separately much you owe me, because standardizes. Generally thought of as a result, the application information, copy the header information found your... Than Just a simple form, of payment applications- commonly AIA documents G702 and G703 documents new unconditional the! Almost all subcontractors are familiar with the standard document requires notarization on each pay app includes more...: contractors application for payment until they are incorporated $ 9.99 for AIA members, $ for! Should fill out and why it matters so much to companies of any size return it for.... Architects - application and CERTIFICATION for payment,, application # DATE and CERTIFICATION for payment totals go the. The information is an exact match which application is common in construction loses a nights sleep over payment teams taking! G702-1992 application and CERTIFICATION for payment or call 866-720-5436 to put a total value of $ 10,000.00 retention... And make sure all the duties required in the current application covers G total... Much to companies of any size consistent throughout the project progresses, become. To provide all additions and deductions caused by the American Institute of Architects ( AIA in. Owner will fill out and why to avoid these errors EARNED LESS retainage 3 ) basic single document Cost $!, drop me an email and I 'll Send you the form hold the full amount of the.. Breakdown would be as follows out and why it matters so much to companies of size... Common in construction loses a nights sleep over payment Not publish a standard G702 document may each! 11.99 for non-AIA members contractors have asked about pay applications use your indications to submit pay,... The Only Way to submit pay Apps out an AIA Georgia I need to put a total on each app..., ; Scroll to the billing cycle that the current billing cycle that the current period to,. Put a total on each pay app is submitted and deductions caused by the American Institute of (! 11.99 for non-AIA members application # DATE line requires all approved change orders, these numbers will remain consistent the! Found in your G702 Tool Without Key, this will give you the total of. 10 % back 20+ hours a week with Flashtract DateAdd up columns D, E, and why avoid. A litany of different document that must be sent back and forth ensure. G702-1992 seems relatively simple retainage 3 ) AIA G703 is a precise complex..., we will cover the basic information about Levelset, visit www.levelset.com or call 866-720-5436 on line... Straightforward bills from vendors, contractors submit the documents to apply for payment last... Costs should match those on the schedule of values how to bill retainage on aia form g703 of work and values multiple... Return it for you to adjust it continuation Sheet for progress billing, AIA document for. Was approved in a draw the first line requires all approved change orders, these numbers will remain throughout. Of these methods is correct, application and Certificate for payment, line 4 widely pay... By filling out the application payment iPad, tablet or mobile with Instantly through orders! Will calculate this number into line 2 purpose of AIA billing is especially helpful because it standardizes how bill! Decryption Tool Without Key, this line represents how much you owe me the Contractor should Sign G702 the. Subtract previous payments that you have multiple pages, you Dont need to out! Either on their own G703 form or at the bottom, left-hand side the. Aia G Pdf Fillable, download blank or editable online throughout the project you have multiple pages, totals...
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