How To Bill Retainage On Aia Form G703. A subcontractor signs a $10,000 contract specifying a retainage percentage of 10% on each invoice. Web the header section asks for some basic application and project information.
09. Progress Payments CM II
Use column i on contracts. Web aia document g702®s, application and certification for payment, subcontractor version, containing subcontractor’s signed certification is attached. Web you can establish the line items required in the detail section of the aia bill (form g703). The final column on the continuation sheet is reserved for retainage. There's not too much required here. Open the excel template, go to file, and save as a new file 2. Web the aia g702 and g703 documents are extremely widely used. At the 50% completion milestone. The stored materials column should only include the value of. Web the forms require the contractor to show the status of the contract sum to date, including the total dollar amount of the work completed and stored to date, the.
Web completing an aia using a g702/g703 excel template: These are the g702 application for payment. Ad purchase your aia certificate of substantial completion here. These prices are for the. Web we have briefly discussed that your aia g702/g703 application is not just a form. Use column i on contracts. Pay app #1 page 1 (g702) 1. Web aia document g702®s, application and certification for payment, subcontractor version, containing subcontractor’s signed certification is attached. Web you can read our full guide on how to fill out the aia g703 continuation sheet here. Web how contractors use retainage? Get the latest aia g704 that is well balanced and industry trusted.
