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Tot. Document G703TM ons
<br /> 1992 Instructi
<br /> Continuation Sheet
<br /> GENERAL INFORMATION
<br /> Purpose and Related Documents. AIA Document G702TM, Application and Certificate for Payment, is to be used in conjunction with AIA
<br /> Document G703 , Continuation Sheet. These documents are designed for use on Projects where the Contractor has a direct Agreement with the
<br /> Owner. Procedures for their use are covered in AIA Document A201Tm, 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
<br /> the most recent edition.
<br /> Reproductions. This document is a copyrighted work and may not be reproduced or excerpted from without the express written permission of the
<br /> AIA . There is no implied permission to reproduce this document, nor does membership in The American Institute of Architects confer any further
<br /> rights to reproduce this document. The AIA hereby grants the purchaser a limited license to reproduce a maximum of ten copies of a completed
<br /> G703 , but only for use in connection with a particular project. The AIA will not permit reproduction outside of the limited license for reproduction
<br /> granted above, except upon written request and receipt of written permission from the AIA. Rights to reproduce the document may vary for users
<br /> of AIA software. Licensed AIA software users should consult the End User License Agreement (EULA) . To report copyright violations of AIA
<br /> Contract Documents, e-mail The American Institute of Architects' legal counsel, copyright@aia. org.
<br /> COMPLETING G703-1992
<br /> Heading. This information should be completed in a manner consistent with similar information on AIA Document G702, Application and
<br /> 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
<br /> with the schedule of values submitted to the Architect at the commencement of the Project or as subsequently adjusted. The breakdown may be by
<br /> sections of the Work or by 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
<br /> the
<br /> original Contract 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
<br /> application). Values from 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
<br />that
<br /> were listed on 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
<br /> of each pay period. This value covers both materials newly stored for which payment is sought and materials previously stored which are not yet
<br /> incorporated into the Project. Mere payment by the Owner for stored materials does not result in a deduction from this column. Only as materials
<br /> are incorporated into the Project is their value 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
<br /> projects where a 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
<br /> 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.
<br /> The amount of the original 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
<br /> one or more 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
<br />are
<br /> not intended to reflect actual construction costs.
<br /> A
<br /> B C D E F O rFINISH
<br /> MATERIALS TOTAL
<br /> PRESENTLY COMPLETED % RETAINAGE
<br /> ITEM DESCRIPTION OF WORK SCHEDULED FROM PREVIOUS AND STORED
<br /> NO VALUE APPLICATION THIS PERIOD STORED TO DATE (G + C) (If variable ra/e)
<br /> (D + E) (NotbiDwi) (D + E + f)1 MOBILIZATION 5,000 5,000 0 0 5,000 100
<br /> 2 STUMP REMOVAL 5,000 5,000 0 0 5,000 100 0
<br /> 3 EARTH WORK 15,000 10,000 5,000 0 15,000 100 0
<br /> 4 LOWER RETAINING WALL 10,000 0 5,000 0 5,000 50 5,000
<br /> 5 CURBS 6 MISC. CONC. 5,000 0 0 0 0 0 5,000
<br /> 6 PAVING, UPPER DRIVE 20,000 0 0 0 0 0 20,000
<br /> 7 PAVING, LOWER DRIVE 20,000 0 0 0 0 0 20.000
<br /> B PAVERS 20,000 0 0 10,000 10,000 50 10.000
<br /> 9 BRICK WORK 5,000 0 0 0 0 0 5,000
<br /> 30 65,000
<br /> t1 GRAND TOTAL 105,000 20,000 10,000 10000 40,000
<br /> AIA Document G703TM — 1992. Copyright ® 1963, 1965, 1966, 1967, 1970, 1978, 1983 and 1992 by The American Institute of Architects. All rights
<br />reserved. WARNING :
<br /> This A10 Document is protected by U .S. Copyright Law and International Treaties, Unauthorized reproduction or distribution of this A10Documentsor any
<br /> portion of it, may result in severe civil and criminal penalties, and will be hf o oecuted to the maximum lations of AIA Contract extent possible
<br /> a e-mail Ther Ameriw.can Institute Purchasers
<br /> e s are per tted to
<br /> reproduce ten ( I o) copies of this document when completed . To report copyright
<br /> counsel , copyright@aia.org .
<br />
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