AIA G701, G702 and G703: Application for Payment
1 hour 30 minutes
Gain an understanding of how to properly process and complete the AIA Payment Application and Change Order Forms.
Payment applications and change orders are a vital component of successful project management for building design and construction professionals. AIA Document G701™–2017 is used to implement changes in the work agreed to by the owner, contractor, and architect. AIA Documents 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. Software demos and real-world scenarios help you understand the critical aspects of these forms and how to correctly and efficiently complete them.
• You will be able to recognize each party’s responsibility and expectations within the project change and payment process.
• You will be able to describe the significance of AIA Payment Application and Change Order Forms and how to properly process and complete them.
• You will be able to review the difference between fixed rate and variable rate retainage and how to list change orders on payment applications.
• You will be able to to identify how quick and easy it is to complete these forms in the AIA Contract Documents software (Microsoft® Word® and Excel® based).