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What is an AIA document G702?

What is an AIA document G702?

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. Its use can expedite payment and reduce the possibility of error.

What is AIA pay application?

An AIA is a document that contains completed contract billing throughout the project; this document was created mainly to assist architects working on a construction project to be paid for the work completed on the project.

What is a AIA document?

AIA Contract Documents are the nearly 200 forms and contracts that define the relationships and terms involved in design and construction projects. As a result, these comprehensive contracts and forms are now widely recognized as the industry standard.

What is a G703?

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. For all document details and a record of changes, see the summary »

Is an AIA an invoice?

AIA form G702 has the official title “Application and Certificate for Payment,” but most people refer to it as simply the “application.” In AIA billing, the architect (or owner or general contractor, in many cases) gets to approve the amount the contractor bills. Therefore, the form isn’t technically an invoice.

What is the purpose of an AIA Document?

The documents produced by The American Institute of Architects (AIA) are the most widely used standard form contracts in the construction industry. They facilitate communications among all the parties involved in construction, which makes it easier to produce a high quality project in a timely and economical fashion.

How do I finalize an AIA Document?

To finalize an offline draft from the Home tab: Click Choose File(s). Select your AIA document draft(s) from your computer and click Import. Click Finalize to the right of the imported draft title. Select your preferred variance markup format and the name of the certification signatory, if applicable.

How many AIA documents are there?

AIA Contract Documents are the more than 180 forms and contracts that define the relationships and terms involved in design and construction projects.

What is AIA Document g702, application and certification for payment?

AIA Document G702, APPLICATION AND CERTIFICATION FOR PAYMENT, containing Contractor’s signed certification is attached. APPLICATION DATE: In tabulations below, amounts are stated to the nearest dollar. Use Column I on Contracts where variable retainage for line items may apply.

What does undersigned contractor mean in AIA Document G703?

The undersigned Contractor certifies that to the best of the Contractor’s knowledge, Application is made for payment, as shown below, in connection with the Contract. information and belief the Work covered by this Application for Payment has been Continuation Sheet, AIA Document G703, is attached.

How to apply for AIA certification for payment?

APPLICATION AND CERTIFICATION FOR PAYMENT AIA DOCUMENT G702 PAGE ONE OF PAGES TO OWNER: PROJECT: APPLICATION NO: Distribution to: OWNER ARCHITECT PERIOD TO: CONTRACTOR FROM CONTRACTOR: VIA ARCHITECT: PROJECT NOS: CONTRACT FOR: CONTRACT DATE: CONTRACTOR’S APPLICATION FOR PAYMENT

Which is AIA Document Does HPS plumbing services use?

AIA DOCUMENT G702/Cma CONSTRUCTION MANAGER-ADVISOR EDITION CONTRACT FOR: PROJECT: VIA ARCHITECT: VIA CONSTRUCTION MANAGER: APPLICATION NUMBER: PERIOD TO: PROJECT NOS.: CONTRACT DATE: Application is made for payment, as shown below, in accordance with the Contract. CONTRACTOR’S APPLICATION FOR PAYMENT

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What is an AIA Document G702?

What is an AIA Document G702?

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. Its use can expedite payment and reduce the possibility of error.

What is a G706 form?

AIA Document G706™–1994 requires the contractor to list any indebtedness or known claims in connection with the construction contract that have not been paid or otherwise satisfied.

How do you bill for retainage?

If you are billing retainage by contract, type the contract and contract item in the appropriate boxes. If you are billing retainage by job, leave the Contract and Item boxes blank and type the job, extra and/or cost code in the appropriate boxes.

What does AIA mean in Japanese?

Meaning of Aia: Name Aia in the Japanese origin, means One who is famous, ruler of the house. Name Aia is of Japanese origin and is a Girl name. People with name Aia are usuallyby religion.

What is a schedule of values breakdown?

The Schedule of Values / Cost Breakdown is a detailed statement furnished by the Contractor outlining the components of the contract sum. For Minor and Major projects, the Schedule of Values is provided in the form of a spreadsheet, and is used as the basis for submitting and reviewing payment applications.

Is the AIA g702 / G703 form the only system?

AIA G702/G703, by the way, is by no means the only system for pay applications. It’s also not necessarily the simplest system. But since many architects and GCs insist upon it, this is a checklist for avoiding problems on the form and required accompanying documentation. The complete package might look like this:

What are the instructions for the G703 continuation sheet?

Instructions: G703®–1992, Continuation Sheet Synopsis. 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.

What is g702 1992, application and certificate for payment?

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.

What do I need to fill out a g702 form?

The forms require the contractor to show the status of the contract sum to date, including the total dollar amount of the work completed and stored to date, the amount of retainage (if any), the total of previous payments, a summary of change orders, and the amount of current payment requested.

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