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$$$5199263,308.901,50$0,256.489,193,723.000.009,193,723.001,563,565.38347,107.86628,421.$$$37524,727.251,153,148.62$7,693,466.52 DEDUCTIONS Ala DOCUMENT G702* Application NO: PERIOD TO: PROJECT NOS:
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How to fill out ala document g702
How to fill out ALA document G702:
01
Start by entering the project information at the top of the form. This includes the project name, contractor's name, and architect's name.
02
Next, fill in the date of the application for payment. This should be the date when the document is being submitted.
03
Identify the construction contract number, which is usually provided by the architect or project manager.
04
Fill in the project location, including the address and any additional details if necessary.
05
Indicate the billing period for which the payment is being requested. This could be a specific month or a certain period of time.
06
Provide a detailed breakdown of the work completed during the billing period. This should include the description of each component of the project, the quantity, unit price, and the total amount for each item.
07
Calculate the total payment due by summing up all the amounts in the previous step.
08
Include any applicable adjustments to the contract sum. This could include changes in scope, approved change orders, or any other modifications that affect the payment.
09
Subtract the total adjustments from the total payment due to calculate the net payment.
10
Finally, both the contractor and architect should review and sign the document to confirm the accuracy of the information provided.
Who needs ALA document G702:
01
Contractors: The ALA document G702 is predominantly used by contractors to request payment for work completed. It helps them provide a detailed breakdown of the completed work and facilitates the payment process.
02
Architects: The document is also important for architects as it allows them to review and verify the work completed by the contractor. They can use the information provided in the document to assess the payment requested and ensure it aligns with the progress of the project.
03
Project Managers: Project managers overseeing the construction project may also need the ALA document G702 to track and manage the payments to contractors. It assists them in accurately assessing the progress, making necessary adjustments, and ensuring timely payments.
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What is ala document g702?
The AIA Document G702 is the Application and Certificate for Payment form, used in the construction industry for requesting and approving payment.
Who is required to file ala document g702?
Contractors or subcontractors are typically required to file the AIA Document G702 for payment.
How to fill out ala document g702?
The AIA Document G702 should be filled out with detailed information regarding the work completed, including costs, dates, and any change orders.
What is the purpose of ala document g702?
The purpose of the AIA Document G702 is to request payment for completed work on a construction project.
What information must be reported on ala document g702?
Information such as the contractor's details, the project name, payment amount requested, and a certification of the work completed must be reported on the AIA Document G702.
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