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AIA Application for Payment
One widely used method for requesting and processing payments is the AIA Application for Payment, a standardized approach developed by the American Institute of Architects (AIA). This system streamlines the billing process and fosters transparency between contractors, owners, and other stakeholders.
AIA G702 Advice
There are a wide variety of pay application templates out there. You do not have to use the standardized AIA G702, just make sure your Pay App form includes all the information required and all calculations are correct. The PAYearned g702 solution allows you to track your progress with multiple Pay Apps and automatically performs all calculations with accuracy; providing you the best opportunity to have your submitted Pay App approved without delay or dispute.
