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Commercial Construction Financial Intelligence

AIA G702 & G703 Progress Billing Calculator

Calculate percentage of completion, retainage withholding (5% or 10%), materials presently stored, and net change orders across an interactive Schedule of Values. Generate compliant AIA G702/G703 Application and Certificate for Payment documents in vector PDF and CSV format.

Calculated 100% client-side in your local browser memory. Zero contract values, billing histories, or client records ever leave your computer.

Current Payment Due$481,500.00Line 8 on AIA Document G702
Total Retainage Withheld$106,850.0010% Work · 10% Stored
Total Completed & Stored$1,068,500.0075.5% of Contract Sum to Date
Contract Sum to Date$1,415,000.00Orig: $1,388,500.00 ± $26,500.00

G703 Continuation Sheet Grid

Columns A through J. Update Work Completed (D/E) and Materials Stored (F).

Item (A)Description of Work (B)Scheduled Val (C)Work Prev (D)Work This (E)Stored Mat (F)Total (G)% (H)Balance (I)Action
$45,000.00100.0%$0.00
$78,500.00100.0%$0.00
$125,000.00100.0%$0.00
$235,000.0097.9%$5,000.00
$155,000.0083.8%$30,000.00
$160,000.0076.2%$50,000.00
$140,000.0071.8%$55,000.00
$77,000.0070.0%$33,000.00
$53,000.0032.1%$112,000.00
$0.000.0%$35,000.00
TOTALS$1,388,500.00$533,500.00$410,000.00$125,000.00$1,068,500.0075.5%$320,000.00
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Application Summary
Net Due This Certificate:$481,500.00
Earned Less Retainage:$961,650.00
Previous Certificates:$480,150.00
Balance to Finish:$453,350.00
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How to use this tool

  1. Enter contract and project metadata

    Provide contractor, owner, and architect names, project title, application number, and the billing cutoff period.

  2. Define your Schedule of Values (SOV)

    Add line items with descriptions and Scheduled Values (Column C). The total scheduled values tie out to your contract sum.

  3. Record work completed and stored materials

    Enter work completed in previous applications (Column D), work completed this period (Column E), and materials presently stored on site (Column F).

  4. Configure retainage and change orders

    Select standard 5% or 10% retainage on work and stored materials, and enter approved net change order totals.

  5. Export official AIA G702 / G703 PDF and CSV

    Review the 9-line summary on the G702 certificate, then export vector PDF application sheets and Excel-compatible CSVs.

Frequently Asked Questions

What is the relationship between AIA Document G702 and G703?

AIA Document G702 (Application and Certificate for Payment) serves as the legal cover summary, showing contract totals, retainage withheld, previous payments, and the net current amount due. AIA Document G703 (Continuation Sheet) is the itemized Schedule of Values (SOV) detailing every line of work, work completed to date, and stored materials that substantiate the figures on the G702.

How does retainage work on stored materials versus work completed?

Standard commercial construction contracts allow general contractors and subcontractors to bill for uninstalled materials presently stored on the job site or in an approved bonded warehouse (Column F on G703). Most contracts apply the standard retainage percentage (typically 5% or 10%) to both labor completed and stored materials until substantial completion.

How do Change Orders affect Line 1, Line 2, and Line 3 on the G702?

Line 1 remains fixed as the Original Contract Sum throughout the job. Line 2 records the Net Change by Change Orders (approved additions minus deductions). Line 3 calculates the new Contract Sum to Date (Line 1 plus or minus Line 2). Work completed under approved change orders is then billed under dedicated line items on the G703 Continuation Sheet.

Are my construction job costs and contract amounts kept private?

Yes, 100%. All progress calculations, retainage schedules, PDF generation, and Excel CSV exports run strictly inside your local browser memory using client-side JavaScript. Zero contract values, billing histories, or client names are transmitted to any remote server.

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