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Build an AIA-style Application for Payment in five minutes. Enter your SOV line items, mark % complete this period, set retainage and previous billings — get current payment due and balance to finish, calculated live.
Line-item Schedule of Values with work-completed columns
| A · Item | B · Description | C · Sched. Value | D · From Previous | E · This Period | F · Stored Mat. | G · Total + Stored | H · % | I · Balance | J · Retainage | |
|---|---|---|---|---|---|---|---|---|---|---|
| $25,000.00 | 100.0% | $0.00 | $2,500.00 | |||||||
| $85,000.00 | 100.0% | $0.00 | $8,500.00 | |||||||
| $115,000.00 | 95.8% | $5,000.00 | $11,500.00 | |||||||
| $160,000.00 | 88.9% | $20,000.00 | $16,000.00 | |||||||
| $65,000.00 | 68.4% | $30,000.00 | $6,500.00 | |||||||
| Subtotal | $505,000.00 | $275,000.00 | $135,000.00 | $40,000.00 | $450,000.00 | 89.1% | $55,000.00 | $45,000.00 |
Calculated from your SOV inputs above
For project: Sample Project · Contractor: Your Company · App #: 05
The AIA G702 Application and Certificate for Payment is the standard cover sheet for construction draw requests. The G703 Continuation Sheet is the line-by-line backup showing each Schedule of Values (SOV) item, how much has been billed previously, how much is being billed this period, materials stored, percent complete, and retainage held.
Line 3: Contract Sum to Date = Original Contract Sum + Net Change by COs.
Line 4: Total Completed & Stored = sum of Column G across all line items.
Line 5: Retainage = Line 4 × retainage %.
Line 6: Total Earned Less Retainage = Line 4 − Line 5.
Line 7: Less Previous Certificates = sum of all previously approved payments.
Line 8: Current Payment Due = Line 6 − Line 7. This is the new money owed this period.
Line 9: Balance to Finish + Retainage = Line 3 − Line 6.
The AIA format is the industry standard for owner-architect-contractor pay applications. Architects use it to certify percent-complete claims before owners release payment. Banks use it to verify draws against construction loans. Sureties use it to monitor bonded jobs. Even when contractors hate the format, owners almost always require it.
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