How To Bill Retainage On Aia Form G703

09. Progress Payments CM II

How To Bill Retainage On Aia Form G703. Web the aia g702 and g703 documents are extremely widely used. Web completing g702® and g703® forms.

09. Progress Payments CM II
09. Progress Payments CM II

Web aia document g702®s, application and certification for payment, subcontractor version, containing subcontractor’s signed certification is attached. The final column on the continuation sheet is reserved for retainage. At the 50% completion milestone. Use column i on contracts. It is a packet that includes one or more forms and other documentation. Pay app #1 page 1 (g702) 1. The stored materials column should only include the value of. A subcontractor signs a $10,000 contract specifying a retainage percentage of 10% on each invoice. Ad purchase your aia certificate of substantial completion here. Web our interpretation of aia contract documents document payment application procedure g703 continuation sheet is:

Ad purchase your aia certificate of substantial completion here. These are the g702 application for payment. Web these two aia documents work alongside each other. The stored materials column should only include the value of. Copyright© 1963, 1965, 1966, 1967, 1970, 1978, 1983 and 1992 by the american institute of architects. You'll need to reference your aia g702 pay app for. Web 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. However, they are frequently the source of delayed pay apps and other issues. Watch a demonstration of completing payment applications and change orders in the aia contract documents online service to help. Web the header section asks for some basic application and project information. Ad purchase your aia certificate of substantial completion here.