Finance & Contracts

AIA Billing (G702/G703)

Industry-standard progress billing forms developed by the American Institute of Architects.

The AIA G702 (Application and Certificate for Payment) and G703 (Continuation Sheet) are the standard progress billing forms for commercial construction. Each pay period the contractor submits the G703 (line-item progress by trade or scope) and G702 (summary with retainage held and amount due this period). The architect signs off, the owner pays. AIA billing is required on most commercial and federally-funded work.

Related terms

Retainage

A percentage of each progress payment withheld until the project is complete, ty

Progress Billing

Invoicing in stages based on percent of work completed, instead of one invoice a

Lien Waiver

A signed document where a contractor or subcontractor waives their right to file

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Vexor is field-service software for trade contractors. If your workflow includes aia billing (g702/g703), Vexor likely has a built-in workflow for it — quoting, scheduling, JSA, daily logs, photos, invoicing, all in one workspace. See all features →