Application and Certificate For Payment : AIA Document G702. AIA billing is a method used in the industry of construction billing that uses a percentage of completed contract method to determine amounts owed (IE: Progress Billing). The purpose of AIA billing was to standardize the paperwork contractors and sub contractors use to show original contract sum, any change orders, work completed, retainage if any and current payment due.
Charleston Construction Cleaning uses this form with the contractors we work with in our post construction cleaning projects.
We have found it very difficult to use the forms that you can find on the internet so we took a standard Application and Certificate for Payment, AIA Document G702 and turned int in to a PDF that you can plug in the numbers based on a 10% retainage and it will calculate the numbers for you.
Please feel free to use it for your projects.
APPLICATION AND CERTIFICATE FOR PAYMENT | AIA DOCUMENT G702
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