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Click ‘Get Form’ to open the spek g702 form in the editor.
Begin by filling in the 'TO (OWNER)' section with the owner's name and project details. Ensure accuracy as this information is crucial for payment processing.
In the 'FROM' section, enter your details as the contractor, including your name and contact information.
Complete the 'APPLICATION NO' and 'PROJECT NO' fields to uniquely identify this application for payment.
Fill out the 'CHANGE ORDER SUMMARY' section, detailing any original contract sums and changes approved by the owner. This ensures transparency in financial adjustments.
Calculate and input totals for completed work, stored materials, retainage, and current payment due in their respective fields. Double-check calculations for accuracy.
Finally, sign and date the form at the bottom to certify that all information is correct before submitting it through our platform.
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After all, their payment application (AIA G702) contains a section for notarization, which just adds more work to the contractors plate. But in reality, there are no laws requiring a contractor to docHub a payment application.
What is the G702 form?
The G702 (Application and Certificate for Payment) is like the summary page of an invoice. It shows the total value of your contract, how much work has been done, contract changes, and how much youre asking to be paid now. The G703 (Continuation Sheet) supports the G702 by providing a detailed work breakdown.
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