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<br /> TM - 1992 Instructions
<br /> i Document G703
<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 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
<br /> 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
<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
<br />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 B C D E F G HWORK CC VIP[ FTED
<br /> I
<br /> MATERIALS TOTAL BALANCE
<br /> COMPLETED
<br /> ITEM SCHEDULED FROM PREVIOUS PRESENTLY COMPLETED NI RETAINAGE
<br /> NO. DESCRIPTION OF WORK VALUE APPLICATION THIS PERIOD STORED AND STORED /G + C) FINISH (If variable rale)
<br /> (D + E) (NdhDo E) D 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 /> 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 /> 10
<br /> 11 GRAND TOTAL 305,000 20,000 10,000 10,000 40,000 65,000
<br /> AIA Document G703T11 - 1992. Copyright m 1963, 1965, 1966, 19679 1970, 1978, 1983 and 1992 by The American Institute of Architects. All rights reserved.
<br /> WARNING :
<br /> This Ale 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 are
<br /> 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
<br /> Architects' legal
<br /> counsel, copyright@aia.org .
<br />
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