Summary
Instructions for G702–1992, Application and Certificate for Payment, is a form used by contractors to apply for payment, and by architects to certify payments. The form details the work completed, retainage, previous payments, and current payment requests. G703®–1992, Continuation Sheet, breaks down the contract sum by portions of work. The architect reviews the forms, certifies the amount, and the owner makes payment based on the architect’s certification.
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Synopsis.
AIA Document G702® –1992, Application and Certificate for Payment, and G703®–1992, Continuation Sheet, provide convenient and complete forms on which the contractor can apply for payment and the architect can certify that payment is due.
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 amount of retainage (if any), the total of previous payments, a summary of change orders, and the amount of current payment requested.
AIA Document G703-1992 breaks the contract sum into portions of the work in accordance with a schedule of values prepared by the contractor as required by the general conditions. For all document details and a record of changes, see the summary »
Using G702®–1992.
After the Contractor has completed AIA Document G703, Continuation Sheet, summary information should be transferred to AIA Document G702®, Application and Certificate for Payment.
The Contractor should sign G702®, have it notarized, and submit it, together with G703, to the Architect.
The Architect should review G702® and G703 and, if they are acceptable, complete the Architect’s Certificate for Payment on G702®.
The Architect may certify a different amount than that applied for, pursuant to Sections 9.5 and 9.6 of AIA Document A201®. The Architect should then initial all figures on G702® and G703 that have been changed to conform to the amount certified and attach an explanation. The completed G702® and G703 should be forwarded to the Owner.
Making Payment
The Owner should make payment directly to the Contractor based on the amount certified by the Architect on AIA Document G702®, Application and Certificate for Payment. The completed form contains the name and address of the Contractor. Payment should not be made to any other party unless specifically indicated on G702®.
Executing the document.
Persons executing AIA Document G702®–1992 should indicate the capacity in which they are acting (i.e., president, secretary, partner, etc.) and the authority under which they are executing the document. Where appropriate, a copy of the resolution authorizing the individual to act on behalf of the firm or entity should be attached.
Completing your Payment Application in the Online Service.
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Completing payment applications in the online service
Important.
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