AIA Document G702®S–2017, Application and Certificate for Payment, and G703®S–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 G703®S-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.
NOTE: The AIA does not publish a standard schedule of values form.
When to use this document?
- Any size project
- Subcontractor applies for progress payment to a contractor