Summary: G702S™–2017, Application and Certificate for Payment, Contractor–Subcontractor Version

 G702S®–2017, Application and Certificate for Payment, Contractor–Subcontractor Version

Content.

Synopsis

Purpose and related documents

 

Synopsis.

AIA Document G702S–2017, Application and Certificate for Payment, and G703S–2017, Continuation Sheet, provide convenient and complete forms on which the subcontractor can apply for payment. The forms require the subcontractor 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. 

AIA Document G703S-2017 breaks the contract sum into portions of the work in accordance with a schedule of values prepared by the subcontractor as required by the general conditions. For use and execution of a document, see its instructions  »

Note: The AIA does not publish a standard schedule of values form. 

 

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