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G702–1992, Application and Certificate for Payment
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March 13, 2023
Getting paid on time is critical for your business. To ensure timely payments, it’s important that your payment application is accurate and complete. With that in mind, please follow the following key steps when completing the AIA Payment Application, G702-1992. Â
Access the Key Steps to Completing the G702 Here
AIA Contract Documents has provided this article for general informational purposes only. The information provided is not legal opinion or legal advice and does not create an attorney-client relationship of any kind. This article is also not intended to provide guidance as to how project parties should interpret their specific contracts or resolve contract disputes, as those decisions will need to be made in consultation with legal counsel, insurance counsel, and other professionals, and based upon a multitude of factors.
Forms in This Video
G702–1992, Application and Certificate for Payment
Form used when a contractor applies for payment and the architect certifies the payment is due. Shows 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.