What is G702 and G703?
What is G702 and G703?
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. Its use can expedite payment and reduce the possibility of error.
What is an AIA Application for payment?
An AIA is a document that contains completed contract billing throughout the project; this document was created mainly to assist architects working on a construction project to be paid for the work completed on the project.
Are AIA contracts fair?
AIA documents are fair. AIA contracts and forms are consensus documents that reflect advice from practicing architects, contractors, engineers as well as owners, surety bond producers, insurers, and attorneys. AIA documents are flexible. AIA documents can be easily modified to accommodate individual project demands.
What is a G706 form?
AIA Document G706™–1994 requires the contractor to list any indebtedness or known claims in connection with the construction contract that have not been paid or otherwise satisfied.
Does G702 need to be notarized?
The Contractor should sign G702®, have it notarized, and submit it, together with G703, to the Architect. The Architect may certify a different amount than that applied for, pursuant to Sections 9.5 and 9.6 of AIA Document A201®.
What is an a1a form?
AIA contracts and forms are consensus documents that reflect advice from practicing architects, contractors, engineers as well as owners, surety bond producers, insurers, and attorneys. AIA documents balance the interests of all the parties, so no one interest, including that of the architect, is unfairly represented.
Who uses AIA Documents?
Used by all industry professionals, including architects, contractors, owners, consultants, and attorneys, AIA Contract Documents are organized into two categories: By families based on types of projects or particular project delivery methods and by series based on the use of the document.
