AIA® G702 & G703 Application and Certificate for Payment & Continuation Sheet - Information
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.
Just as important though, it also serves as the architect’s certification - it's her/his signature on the document that determines whether or not, and how much, you actually get paid.
When the paperwork is done correctly the architect should accept it with no issue.
If there's a mistake the architect might:
Who wants the architect to decide that less work was done?
What a line of falling dominos. On top of all the other issues it would cause, suddenly you're having to redo other paperwork, such as lien waiver/release forms, internal documentation, and computer entries.
Nightmare!
However, if the architect chooses "B", to return it to you for correction, that'll put a serious slowdown on the process. Chances are you could be kicked into the next invoice period with no payment for this current period.
Ouch. Don't make a mistake - and hold to your guns if you know you're right.
Once the architect signs your G702, he/she then provides documentation to the owner stating that it's okay to pay the contractor.
The G702 requires the contractor to show:
If the contractor has completed the G702 application properly and if the architect accepts it then he/she will sign the G703 which signals to the owner that a payment in the amount indicated is due to the contractor.
The form also allows the architect to certify an amount that is different from the amount you invoiced for.
But s/he must include a strong, bonafide explanation as to why s/he changed it. Don't just accept an architect's change to your invoice without a valid, acceptable explanation.
*The AIA® is not associated with this website, or any other websites associated with this website, in any way.
Just as important though, it also serves as the architect’s certification - it's her/his signature on the document that determines whether or not, and how much, you actually get paid.
When the paperwork is done correctly the architect should accept it with no issue.
If there's a mistake the architect might:
A) Correct it and forward it to the Owner"A" would be the quickest fix but not necessarily the cleanest one.
B) Return it to the submitter for correction
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Who wants the architect to decide that less work was done?
What a line of falling dominos. On top of all the other issues it would cause, suddenly you're having to redo other paperwork, such as lien waiver/release forms, internal documentation, and computer entries.
Nightmare!
However, if the architect chooses "B", to return it to you for correction, that'll put a serious slowdown on the process. Chances are you could be kicked into the next invoice period with no payment for this current period.
Ouch. Don't make a mistake - and hold to your guns if you know you're right.
Once the architect signs your G702, he/she then provides documentation to the owner stating that it's okay to pay the contractor.
The G702 requires the contractor to show:
- The status of the contract sum to date
- The total dollar amount of the work completed and stored to date;
- The amount that's being/been retained if any;
- The summary of the change orders if any;
- The amount of the payment currently being requested
The AIA® Form G703 Is The Continuation Sheet For The G702
The G703, which must be used with the G702, breaks the contract down into portions of work using a schedule of values that are included in the general conditions.|
Easily make ANY hard-copy or PDF form fillable! Click here!
|
If the contractor has completed the G702 application properly and if the architect accepts it then he/she will sign the G703 which signals to the owner that a payment in the amount indicated is due to the contractor.
The form also allows the architect to certify an amount that is different from the amount you invoiced for.
But s/he must include a strong, bonafide explanation as to why s/he changed it. Don't just accept an architect's change to your invoice without a valid, acceptable explanation.
*The AIA® is not associated with this website, or any other websites associated with this website, in any way.
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Mastercard, Visa, Amex, Discover, PayPal, Debit, Check - all accepted
I am not an attorney. Please verify the form's fitness for your purpose and before use. I promise you a 100% refund of your purchase should the form(s) end up not being what you need.
