AIA Document G743C–2015 modifies AIA Document G743—2015 for use by Contractors submitting an application for payment to the Design-Builder. Modifications to G743—2015 are shown as tracked changes revisions—that is, additional material is underlined; deleted material is crossed out.
AIA Documents G742–2015, Application and Certificate for Payment for a Design-Build Project, and G743–2015, Continuation Sheet for a Design-Build Project, provide convenient and complete forms on which the design-builder can apply for payment and the owner can certify the amount due. The forms require the design-builder 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 G743–2015 breaks the contract sum into portions of the work in accordance with a schedule of values prepared by the design-builder as required by Section 9.2 of AIA Document A141™-2014.
Note: The AIA does not publish a standard schedule of values form.
Heading. This information should be completed in a manner consistent with similar information on AIA Document G742, Application and Certificate for Payment for a Design-Build Project.
Columns A, B and C. These columns should be completed by identifying the various portions of the Project and their scheduled values consistent with the schedule of values submitted to the Owner at the commencement of the Project or as subsequently adjusted. The breakdown may be by sections of the Work or by the Architect, Consultants, Contractors or Subcontractors and should remain consistent throughout the Project. Multiple pages should be used when required.
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 original Contract Sum. The total of column C may be adjusted by Change Orders during the Project.
Column D. Enter in this column the amount of completed Work covered by the previous application (columns D & E from the previous application). Values from column F (Materials Presently Stored) from the previous application should not be entered in this column.
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 were listed on the previous application under Materials Presently Stored (column F).
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 of each pay period. This value covers both materials newly stored for which payment is sought and materials previously stored which are not yet incorporated into the Project. Mere payment by the Owner for stored materials does not result in a deduction from this column. Only as materials are incorporated into the Project is their value deducted from this column and incorporated into column E (Work Completed—This Period.)
Column G. Enter here the total of columns D, E and F. Calculate the percentage completed by dividing column G by column C.
Column H. Enter here the difference between column C (Scheduled Value) and column G (Total Completed and Stored to Date).
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 projects where a constant retainage is withheld from the overall contract amount.
Change Orders. Although Change Orders could be incorporated by changing the schedule of values each time a Change Order is added to the Project, this is not normally done. Usually, Change Orders are listed separately, either on their own G743 form or at the end of the basic schedule. The amount of the original contract adjusted by Change Orders is to be entered in the appropriate location on the G742.
Change Directives. Amounts not in dispute that have been included in Change Directives should be incorporated into one or more Change Orders. Amounts remaining in dispute should be dealt with according to Section 6.3 of AIA Document A141–2014.
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 are not intended to reflect actual construction costs.
Modifications. Particularly with respect to professional or contractor licensing laws, building codes, taxes, monetary and interest charges, arbitration, indemnification, format and font size, AIA Contract Documents may require modification to comply with state or local laws. Users are encouraged to consult an attorney before completing or modifying a document.
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