Pay App Check.
Type your schedule of values. See the nine lines of your G702 and what an owner, architect or lender would send back, before you send it. Free, no account, and nothing you type leaves this page.
Example numbers, not a real job
Schedule of values (G703)
One row per line. Add a change order as its own row and say whether it is signed.
| Item | Description | Scheduled value (C) | From previous (D) | This period (E) | Stored materials (F) | Change order? | Total to date (G) | % | |
|---|---|---|---|---|---|---|---|---|---|
| 25,000.00 | 62.5% | ||||||||
| 35,000.00 | 100% | ||||||||
| 105,000.00 | 70% | ||||||||
| 60,000.00 | 50% | ||||||||
| 40,000.00 | 47.06% | ||||||||
| 8,000.00 | 16% | ||||||||
| 6,000.00 | 50% | ||||||||
| 3,000.00 | 46.15% |
What a reviewer would see
Likely sent back (2)
- The schedule of values totals $498,500.00 but the contract sum to date is $492,000.00. These have to be the same number before this goes out.
- Item CO2 came from a change order that is not executed yet (not signed). Billing unauthorised work is what gets a whole requisition rejected.
Your G702, line by line
| 1 | Original contract sum | 480,000.00 |
| 2 | Net change by change orders (signed only) | 12,000.00 |
| 3 | Contract sum to date (1 + 2) | 492,000.00 |
| 4 | Total completed and stored to date | 282,000.00 |
| 5a | Retainage on completed work (10%) | 27,400.00 |
| 5b | Retainage on stored materials (10%) | 800.00 |
| 5 | Total retainage | 28,200.00 |
| 6 | Total earned less retainage (4 minus 5) | 253,800.00 |
| 7 | Less previous certificates for payment | 148,500.00 |
| 8 | Current payment due (6 minus 7) | 105,300.00 |
| 9 | Balance to finish, including retainage (3 minus 6) | 238,200.00 |
An arithmetic check against the layout of the AIA G702 and G703 forms, using the same math as the AsBuilt billing desk. Change orders count toward line 2 only when signed. It is not legal or accounting advice; your contract and your owner’s requirements decide what is due. G702 and G703 are documents of the American Institute of Architects; this page is not affiliated with or endorsed by AIA.
The numbers check out but live in four places? That is what the Read is for.