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Download a free Excel payment application template, modeled after the AIA G702 Application and Certificate for Payment. The template includes fields with formulas to calculate net approved change orders.
7 Οκτ 2024 · A number of construction projects will require subcontractors to use a payment application. AIA Contract Documents produces one of the most widely used pay apps, also known as the AIA G702-1992. This is a guide to each section of the AIA G702 Application and Certificate for Payment. Learn more about AIA billing.
Pay App #1 Page 1 (G702) Open the Excel template, go to File, and Save As a new file. Complete the top section of page 1 (G702) Enter Original Contract Amount. Enter Retainage % found under Billing Information in your contract. Enter change orders under Change Order Summary.
11 Ιουν 2024 · A pay app serves the same purpose as an invoice, but includes the additional details to handle the complexities of construction deliverables. This article will discuss when contractors should send pay applications and what information and documents they must include to help them get paid.
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. completed in accordance with the Contract Documents, that all amounts have been paid by the Contractor for Work for which previous ...
22 Απρ 2021 · We’ve put together a free, downloadable construction payment schedule template PDF for your convenience. It includes everything we’ve listed as requirements above and can easily be integrated into your payment scheduling practices.
17 Ιουλ 2017 · Choose from a selection of free payment templates below, in Excel, Word, and PDF formats. Each template is fully customizable and designed to look professional while saving you time. You can download and print the templates, or share them via email or cloud-based storage.
