AIA G702 Example (Filled Out)
Sometimes the quickest way to understand the AIA G702 is to see a realistic, filled-out example. This guide shows an AIA-style pay application cover sheet and walks through how the numbers connect back to your Schedule of Values and prior pay apps.
A G702-style cover sheet is a roll-up: contract value and approved changes at the top, “completed + stored to date” in the middle, then retainage and prior payments to arrive at the payment due this period. If your Line 4 roll-up (from the continuation sheet / SOV detail) is wrong, everything downstream is wrong.
Want the “full workflow,” not just the example?
If you’re building real pay apps month after month, the hard part isn’t one form — it’s keeping totals consistent across periods, retainage rules, stored materials, and approvals (without spreadsheet drift).
A Simple, Realistic G702 Scenario
In this example, we’ll assume a straightforward subcontract with normal 10% retainage and a couple of approved change orders. The goal isn’t to mirror the official AIA layout, but to give you a clearly filled-out, AIA-style cover sheet that feels familiar.
Project Snapshot
- Original contract amount: $250,000.00
- Approved change orders this project: $12,500.00
- Total contract value to date: $262,500.00
- Retainage: 10%
This Billing Period
- Work completed this period: $48,500.00
- Stored materials this period: $7,200.00
- Previously certified for payment: $122,400.00
- The contractor is requesting another progress payment this month.
Example G702-Style Form (Filled Out)
Below is a consolidated AIA-style cover sheet using the example numbers. On the left is the project information and payment calculation; on the right is boilerplate where certification and review would normally appear.
APPLICATION AND CERTIFICATE FOR PAYMENT (EXAMPLE – NOT AN OFFICIAL AIA FORM)
| Owner | Sample Owner, LLC | Contractor | Example Subcontractor, Inc. |
|---|---|---|---|
| Project | Office Build-Out – 3rd Floor | Project No. | OB-3F-2025 |
| Application No. | 4 | Period To | May 31, 2025 |
| Contract Date | January 15, 2025 | Distribution | Owner / Architect / Contractor |
| Contract Summary | ||
|---|---|---|
| 1. | Original Contract Sum | $250,000.00 |
| 2. | Net Change by Change Orders | $12,500.00 |
| 3. | Contract Sum to Date (Line 1 ± Line 2) | $262,500.00 |
| Work Completed & Stored | ||
| 4. | Total Completed & Stored to Date (from G703) | $178,100.00 |
| 5. | Percentage of Completion (Line 4 ÷ Line 3) | 67.8% |
| Retainage | ||
| 6. | Retainage on Completed & Stored to Date (10% of Line 4) | $17,810.00 |
| Earned Less Retainage | ||
| 7. | Total Earned Less Retainage (Line 4 – Line 6) | $160,290.00 |
| Payments | ||
| 8. | Less Previous Certificates for Payment | ($122,400.00) |
| 9. | Payment Due This Application (Line 7 – Line 8) | $37,890.00 |
| 10. | Balance to Finish (Line 3 – Line 4) | $84,400.00 |
CONTRACTOR CERTIFICATION (EXAMPLE ONLY)
The undersigned Contractor certifies that, to the best of their knowledge, the work covered by this application has been completed in accordance with the contract documents, that all previous amounts received have been applied to discharge obligations for prior work, and that the current payment requested accurately reflects work completed and materials stored as of the billing period shown.
REVIEW / APPROVAL (EXAMPLE ONLY)
The reviewing party (Owner, Architect, or Authorized Representative) acknowledges receipt of this application and notes that the amounts and classifications above have been reviewed for accuracy based on available project records. This example is for educational purposes only and is not a replacement for official contract review procedures or the official AIA G702 form.
This layout is provided as an AIA-style example only. It is not the official AIA G702 form and should not be used as a replacement for official AIA Contract Documents.
How the Example Numbers Tie Together
The two-column form above mirrors the logic of a typical G702 cover sheet: you start with contract value, then show how much has been completed and stored, remove retainage, account for prior payments, and end up with the amount due this period.
- Line 3 (Contract sum to date): base contract plus approved change orders.
- Line 4 (Completed + stored to date): roll-up from your continuation sheet detail (G703-style) + SOV progress.
- Line 6 (Retainage): applied per contract rules (often a percentage, sometimes with release/cap rules).
- Line 8 (Prior payments): prior approved/certified amounts — this is where carryforward errors creep in.
Contract Summary (Lines 1–3)
Lines 1–3 establish the current contract sum. In this example:
- Line 1 – Original contract sum: $250,000.00
- Line 2 – Net change by change orders: $12,500.00
- Line 3 – Contract sum to date: $262,500.00
Completed & Stored (Lines 4–5)
Line 4 pulls directly from your continuation sheet (G703-style). In this example, that total is $178,100.00 – which includes prior work, current work, and stored materials.
Line 5 simply shows progress as a percentage: total completed and stored divided by the contract sum to date.
Retainage (Line 6)
Line 6 holds retainage as 10% of the total completed and stored. That gives a retainage amount of $17,810.00 in this example.
Earned, Previous Payments, and Amount Due (Lines 7–9)
Line 7 shows how much has been earned after retainage: $160,290.00. Line 8 subtracts prior certificates for payment: $122,400.00. Line 9 is the current amount due: $37,890.00.
Balance to Finish (Line 10)
Line 10 shows what’s left to bill on the job: $84,400.00, calculated as the contract sum to date ($262,500.00) minus total completed and stored ($178,100.00).
Big Takeaways from This G702-Style Example
- The continuation sheet drives everything. Line 4 only works if your G703/SOV totals are accurate.
- Retainage affects multiple lines. It changes what you’ve earned and what’s actually due.
- Prior payments matter as much as current progress. The amount due is always a function of both.
- Spreadsheets are easy to break. One “harmless” tweak can silently skew the rollforward.
Generate G702-Style Pay Apps Without Wrestling Spreadsheets
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View Pricing Start for $7.99FAQ: G702 Example (Filled Out)
Short answers to the questions that show up right before you hit “submit.”
No. This page provides an AIA-style educational example to explain how the numbers work. It does not reproduce the official AIA G702 layout or replace official AIA Contract Documents.
Line 4 typically rolls up from the continuation sheet detail (G703-style) and your Schedule of Values (SOV). If that detail is off, the entire cover sheet will drift.
A common calculation is: (Completed & Stored to Date − Retainage) − Prior Payments. Exact rules can vary by contract, but the key is consistency across periods.
Common reasons include totals that don’t tie to the continuation sheet/SOV, inconsistent retainage, change orders not reflected in the contract sum, stored materials without backup, or incorrect carryforward of prior payments. Use this checklist: common G702/G703 errors to avoid.
Often, no. Many teams submit the pay app for review first, then mirror the approved total into QBO so AR matches what gets approved and paid. See: progress billing in QuickBooks Online.