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1.10AIA Document G703TM - 1992 Instructions Continuation Sheet GENERAL INFORMATION Purpose and Related Documents. AIA Document G702, Application and Certificate for Payment, is to be used in conjunction with AIA Document G703, Continuation Sheet. These documents are designed for use on Projects where the Contractor has a direct Agreement with the Owner. Procedures for their use are covered in AIA Document A201 , General Conditions of the Contract for Construction . Use of Current Documents. Prior to using any AIA Contract Document, users should consult www.aia.org or a local AIA component to verify the most recent edition. Reproductions. This document is a copyrighted work and may not be reproduced or excerpted from without the express written permission of the AIA. There is no implied permission to reproduce this document, nor does membership in The American Institute of Architects confer any further rights to reproduce this document. The AIA hereby grants the purchaser a limited license to reproduce a maximum of ten copies of a completed G703, but only for use in connection with a particular project. The AIA will not permit reproduction outside of the limited license for reproduction granted above, except upon written request and receipt of written permission from the AIA. Rights to reproduce the document may vary for users of AIA software. Licensed AIA software users should consult the End User License Agreement (EULA). To report copyright violations of AIA Contract Documents, e-mail The American Institute of Architects' legal counsel. copyright@aia.org . COMPLETING THE G703 FORM Heading: This information should be completed in a manner consistent with similar information on AIA Document G702, Application and Certificate for Payment. Columns A, B & C: These columns should be completed by identifying the various portions of the Project and their scheduled values consistent with the schedule of values submitted to the Architect at the commencement of the Project or as subsequently adjusted. The breakdown may be by sections of the Work or by Subcontractors and should remain consistent throughout the Project. Multiple pages should be used when required. Column C should be subtotaled at the bottom when more than one page is used and totaled on the last page. Initially, this total should equal the original Contract Sum. The total of column C may be adjusted by Change Orders during the Project, Column D: Enter in this column the amount of completed Work covered by the previous application (columns D & E from the previous application). Values from column F (Materials Presently Stored) from the previous application should not be entered in this column. Column E: Enter here the value of Work completed at the time of this application , including the value of materials incorporated in the project that were listed on the previous application under Materials Presently Stored (column F). Column F : Enter here the value of Materials Presently Stored for which payment is sought. The total of the column must be recalculated at the end of each pay period. This value covers both materials newly stored for which payment is sought and materials previously stored which are not yet incorporated into the Project. Mere payment by the Owner for stored materials does not result in a deduction from this column. Only as materials are incorporated Into the Project is their value deducted from this column and incorporated into column E (Work Completed—This Period .) Column G : Enter here the total of columns D, E and F . Calculate the percentage completed by dividing column G by column C . Column H: Enter here the difference between column C (Scheduled Value) and column G (Total Completed and Stored to Date). Column I: This column is normally used only for contracts where variable retainage is permitted on a line-item basis. It need not be completed on projects where a constant retainage is withheld from the overall contract amount. Change Orders: Although Change Orders could be incorporated by changing the schedule of values each time a Change Order is added to the Project, this is not normally done. Usually, Change Orders are listed separately, either on their own G703 form or at the end of the basic schedule . The amount of the original contract adjusted by Change Orders is to be entered in the appropriate location on the G702 form . Construction Change Directives: Amounts not in dispute that have been included in Construction Change Directives should be incorporated into one or more Change Orders. Amounts remaining in dispute should be dealt with according to Section 7.3 in A201 . The following is an example of Continuation Sheet for work in progress. Please note that dollar amounts shown below are for illustrative purposes only, and are not intended to reflect actual construction costs. A B o F r rIT I NOKK COMPI FT Fn MATERIAL) TOTAL PRFxVIIY AND RET RIAGE TOM SCVAR- FJJ FROM T PRL\ f )T 4 !O NO O[$CWFIIOF' OP WORK VAR- VPPI I( \ I OA HIS PFRI00 RTOAFD AFD SIORCD G SC PI61tiH Of VARIABLE ,D + E, DOF RroDAm ;r n IEATLI D OR D+F+PI 1 , M08TLIZATI0N 5000 5000 0 0 5000 '00 2 STUMP REMOVAL 5,000 5,000 0 0 5000 100 C 3 EAl WORK 15000 13 ox 5000 0 15,000 100 0 4 LOWER RETAINING WALL 10000 0 5000 0 5000 50 5,000 5 CURBS & MTSC CONC. 5000 0 0 C 0 0 5000 6 PAVING, UPPER DRIVE 2^,000 0 0 0 0 C 20000 PAVING, LOWER DRIVE 2p000 0 0 0 0 0 20000 8 PAVERS 20000 0 0 10,000 10000 50 10000 9 BRICKWORK 5000 0 0 0 0 5,000 11 ID5000 20000 1p000 10000 40,000 65000 AIA Document G703TM - 1992. Copyright 01963. 1965, 1966, 1967, 1970, 1978, 1983 and 1992 by The American Institute of Architects. All rights reserved. WARNING: This AIA$ Document is protected by U.S. Copyright Law and International Treaties. Unauthorized reproduction or distribution of this AIA$ Document. or any portion of it, may result in severe civil and criminal penalties, and will be prosecuted to the maximum extent possible under the law. Purchasers are permitted to reproduce ten (10) copies of this document when completed. To report copyright violations of AIA Contract Documents. e-mail The American Institute of Architects' legal counsel. copyright@aia.org.