Pay Application / AIA G702-G703
The standard monthly invoice a contractor submits to get paid, typically using AIA form G702 (Application and Certificate for Payment, the summary) and G703 (Continuation Sheet, the line-item breakdown), measuring progress against the [[concept-schedule-of-values|schedule of values]].
Why it matters
The G703's line-item percentages are what the owner's architect actually verifies against real progress in the field, an inflated line item isn't just a paperwork issue, it's a discrepancy a site walk can catch directly.
On a real project
A contractor's monthly pay application shows the G703 continuation sheet matching the framing line item's actual completed percentage exactly to what the architect observed during that month's site visit.
Who this matters most to
A Contracts Administrator prepares and submits the monthly pay application, keeping the G703's line items honest against real field progress so future applications keep getting approved smoothly.
Where this goes wrong
A contractor's G703 continuation sheet overstates the percentage complete on a line item to accelerate cash flow. The owner's architect catches the discrepancy during a site walk, and the resulting distrust slows down every future pay application's approval, not just the one that was inflated.