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+es <br /> TM <br /> = <br /> = Document G703 - 1992 Instructions <br /> _ <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 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 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 1. This column is normally used only for contracts where variable retainage is permitted on a line-item basis. It need not be completed <br />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, <br />and are <br /> not intended to reflect actual construction costs. <br /> A B C D E F GWORK CC MPLFTFQ H I <br /> MATERIALS TOTAL BALANCE <br /> ITEM SCHEDULED FROM PREVIOUS COMPLETED <br /> DESCRIPTION OF WORK PRESENTLY Y. NI RETAMAGE <br /> NO. VALUE APPLICATION THIS PERIOD STORED AND STORED (G + 0 FINISH (If variable rale) <br /> (D + E) (NdurDc.E1 TO DATE (C - G) <br /> (D + E + F) <br /> I MOBILIZATION 5,000 5,000 0 0 5,000 100 0 <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 /> 8 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 /> 10 <br /> U GRANDTOTAL 105,000 20,000 10,000 10,000 40000 65,000 <br /> AIA Document G703Tm - 1992. Copyright ® 1963, 1965, 1966, 1967, 1970, 1978, 1983 and 1992 by The American Institute of Architects. All rights reserved. <br /> WARNING : <br /> This AIA® Document is protected by U.S. Copyright Law and International Treaties. Unauthorized reproduction or distribution of this AIA® 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 <br />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 <br /> of Architects' legal <br /> counsel, copyright@aia.org. <br />