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U011 AIA Document G703T" - 1992 Instructions
<br /> Continuation Sheet
<br /> GENERAL INFORMATION
<br /> Purpose and Related Documents. AIA Document G702.. Application and Certificate for Payment, is to be used in conjunction with AIA Document G703,
<br /> 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
<br /> covered in AIA Document A201 , General Conditions of the Contract for Construction.
<br /> 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
<br /> edition .
<br /> 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
<br /> no implied permission to reproduce this document, nor does membership in The American Institute of Architects confer any further rights to reproduce this
<br /> 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
<br /> a particular project. The AIA will not permit reproduction outside of the limited license for reproduction granted above, except upon written request and receipt
<br />of
<br /> 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
<br /> License Agreement (EULA). To report copyright violations of AIA Contract Documents, e-mail The American Institute of Architects' legal counsel,
<br /> copyright@aia.org.
<br /> COMPLETING THE G703 FORM
<br /> Heading: This information should be completed in a manner consistent with similar information on AIA Document G702, Application and Certificate for Payment.
<br /> 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
<br /> 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
<br /> Subcontractors and should remain consistent throughout the Project. Multiple pages should be used when required.
<br /> 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
<br /> Sum. The total of column C may be adjusted by Change Orders during the Project.
<br /> 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
<br /> column F (Materials Presently Stored) from the previous application should not be entered in this column .
<br /> 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
<br /> the previous application under Materials Presently Stored (column F).
<br /> 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
<br /> 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.
<br /> 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
<br /> deducted from this column and incorporated into column E (Work Completed—This Period.)
<br /> Column G: Enter here the total of columns D, E and F. Calculate the percentage completed by dividing column G by column C.
<br /> Column H: Enter here the difference between column C (Scheduled Value) and column G (Total Completed and Stored to Date).
<br /> 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
<br /> constant retainage is withheld from the overall contract amount.
<br /> 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
<br /> 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
<br /> contract adjusted by Change Orders is to be entered in the appropriate location on the G702 form .
<br /> Construction Change Directives: Amounts not in dispute that have been included in Construction Change Directives should be incorporated into one or more
<br /> Change Orders. Amounts remaining in dispute should be dealt with according to Section 7.3 in A201 .
<br /> The following is an example of a Continuation Sheet for work in progress. Please note that dollar amounts shown below are for illustrative purposes only, and are not intended to
<br /> reflect actual construction costs.
<br /> ,A AT C D L
<br /> A% "PK coBmLETEo HAITRIALS Io1HL
<br /> DAL %NCE
<br /> kIIF VRYlYR fLY CO IYLLILD .FPIAIVAGE
<br /> ITEM t( D FROM PHI VIOLS 4 TO
<br /> NO D6CRII'I1040F WORK V1I 11pPl if A'I IOS lHl$ YLHIOD STORE D 4VDtilOHEI] ,p_CI I1M1f5II ,IFFARE ABLE
<br /> ,NOT Fi TO nAIE 21TL,
<br /> ,D + EI t OORFI 'D+GF ,C
<br /> -C
<br /> MOBILRATION 5000 soon 0 0 5000 100 0
<br /> 2 STUMP REMOVAL 5000 5000 0 0 5000 100 0
<br /> 3 EARTH WORK 15,000 10000 5000 0 15 ISO 100 0
<br /> 4 LOWER RETAINING WALL 10000 C 5000 0 5000 50 5000
<br /> 5 CURBS d Wl CONC. 5,000 e 0 0 0 0 5000
<br /> 6 PAVING,. UPPER DRIVE 20,000 .. 0 0 0 0 20000
<br /> 7 PAVING, LOWER DRIVE 20000 0 0 0 0 0 20000
<br /> 8 FAVER5 20000 0 1 10,000 10000 50 1n Ano
<br /> 9 BRICKWORK 5000 0 1 0 c 0 5000
<br /> 10
<br /> 11 105000 20,000 10000 10000 40,000 65,000
<br /> AIA Document G703TM - 1992. Copyright 01963, 1965, 1966, 1967, 1970, 1978, 1983 and 1992 by The American Institute of Architects. All rights reserved. WARNING:
<br /> This AIAD Document is protected by U.S. Copyright Law and International Treaties. Unauthorized reproduction or distribution of this AIAR Document, or any
<br /> 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
<br /> 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
<br /> counsel, copyright@aia.cm
<br />
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