Free Pay Application Continuation Sheet Template! Plus, an overview of AIA G703 Application for Payment's Continuation Sheet and Payapps in Construction generally for context and background.
Before we dive into a continuation sheet, recall that a pay application in construction is a formal request for payment submitted by contractors to the project owner or general contractor. This document details the work completed and materials supplied within a specific period, typically a month. Pay applications ensure that contractors receive timely payments for their services, maintaining cash flow and project momentum. There can be two parts to a Pay Application - the covering Application for Payment, and an attached Continuation sheet.
A continuation sheet in construction is used to supplement a pay application. Typically landscape A4, the sheet provides a comprehensive breakdown of the work completed and materials supplied within a specific period. It lists individual tasks, their associated costs, and the percentage of work completed, ensuring transparency and accuracy in the billing process.
The AIA G703 form, also known as the Continuation Sheet, is a document created by the American Institute of Architects (AIA) to supplement the AIA G702 form, also known as the Application and Certificate for Payment. It is used alongside the AIA G702 form to provide a detailed breakdown of the payment request. As AIA and it's forms are a trademarked by the American Institute of Architects, the AIA Document G702 and G703 require you buy a licence from the AIA.
AIA G702 and AIA G703 are used together to streamline the construction billing process. The G702 form provides an overview of the payment application, while the G703 form offers a detailed breakdown of individual items.
While AIA G703 is a popular choice, there are alternatives available for continuation sheets. Some contractors and Project Owners may use custom forms tailored to their specific needs or project requirements. After all, it is just a basic table of the schedule of values yet tracks the cumulative progress of work over time. It includes previous payments, current work completed, and the balance to finish.
Filling in the AIA G703 form involves several key steps:
If you are looking for how to fill in an AIA G702, AIA Contract Documents provides a resource here. Otherwise, a good example is also here.
If you are looking for a standard Construction Pay Application Template Continuation Sheet compatible with any contract, included in this Continuation Sheet template is:
This Continuation Sheet Template is downloadable by filling in the form atop this page and ready for you to customize, and utilize for your next Payapp.
👉 Explore Mastt's Payment Module to efficiently manage and track Pay Applications in Construction with ease.
Free Best Practice Project Report Template. Ready to use Microsoft Word format.
A simple and coherent plan to help you easily identify and deal with potential risks to your business
Ready to use professional Dashboards Pack in PowerPoint format, including Board Report, Complex Dashboard, Portrait Dashboard and Simple Dashboard.
This 10 Point checklist will help you design an effective capital project, capital program, board or reporting dashboard. Great for client side project managers!