Application and Certificate for Payment

{"version":"0.3.0","atoms":[],"cards":[],"markups":[["a",["href","https:\/\/www.aiacontracts.org\/contract-documents\/20631-continuation-sheet-","target","_new"]],["strong"],["a",["href","http:\/\/aiad8.prod.acquia-sites.com\/sites\/default\/files\/2016-09\/AIA-G702-1992-Free-Sample-Preview.pdf","target","_new"]]],"sections":[[1,"p",[[0,[],0,"AIA Document G702\u2122\u20131992, Application and Certificate for Payment, and "],[0,[0],1,"G703\u2122\u20131992, Continuation Sheet"],[0,[],0,", 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. NOTE: The AIA does not publish a standard schedule of values form.AIA Document G702\u20131992 serves as both the contractor\u2019s application and the architect\u2019s certification. Its use can expedite payment and reduce the possibility of error. If the application is properly completed and acceptable to the architect, the architect\u2019s signature certifies to the owner that a payment in the amount indicated is due to the contractor. The form also allows the architect to certify an amount different than the amount applied for, with explanation provided by the architect. "]]],[1,"p",[[0,[1],1,"When to use"]]],[3,"ul",[[[0,[],0,"Any size project"]],[[0,[],0,"Contractor applies for progress payment to an owner"]],[[0,[],0,"Architect certifies "]]]],[1,"p",[[0,[1],1,"Resources"]]],[3,"ul",[[[0,[2],1,"Free G702-1992 sample preview "]]]],[1,"p",[]]]}