Understand G702 and G703 forms in AIA billing, how they track progress, document payments, & streamline construction invoicing.
G702 and G703 forms are standard documents used in AIA billing to streamline progress payments on construction projects.
The G702 (Application and Certificate for Payment) summarizes the contractor’s request for payment, including contract value, work completed, retainage, and the amount due for the current period.
The G703 (Continuation Sheet) supports the G702 by providing a detailed breakdown of work items, scheduled values, and progress percentages for each line item.
Together, these forms help ensure transparent, accurate billing and reduce disputes between contractors, owners, and architects. By standardizing reporting of work completed, they make it easier to verify progress, track costs, and maintain consistent financial documentation throughout a project.