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What is a G701 form?

Execution of a completed G701 indicates agreement upon all terms of the change, including any changes in the contract sum (or guaranteed maximum price) and contract time. The form allows for signatures of the owner, architect, and contractor, and for a description of the change.

What are the fiscal structural reforms?

Fiscal-structural reforms encompass areas like taxation, social security and pension systems, healthcare, education, justice, the institutional framework and public finance management, among others.

What is an pay application?

The G702 or similar payment application can be used whenever a contractor applies progress payments to an owner or when certified by an architect. In addition, they are commonly used for handling change orders and retainage. The main purpose is to reconcile billing information between contractors and stakeholders.

How do I finalize an document?

To finalize an offline draft from the Projects tab:: Click Import File. Click Choose File(s). Select your document draft(s) from your computer and click Import. Click Finalize to the right of the imported draft title.

What is the purpose of an document?

The documents produced by The American Institute of Architects () are the most widely used standard form contracts in the construction industry. They facilitate communications among all the parties involved in construction, which makes it easier to produce a high quality project in a timely and economical fashion.