ARE_Payment_Applications Flashcards
(20 cards)
What is the architect’s primary responsibility regarding contractor’s payment applications?
Review and certify payment applications to confirm that billed work reflects actual progress.
Which AIA contract section requires the architect to review and certify contractor payment applications?
Section 3.6.3 of B101 and Section 9.4.1 of A201.
Within how many days must the architect review and certify a payment application?
Within 7 days of receipt, per Section 9.4.1 of A201.
What is the purpose of the architect’s field reports during the payment certification process?
To confirm that the work completed matches what is being billed.
Which AIA documents are typically used for submitting payment applications?
G702 (Application for Payment cover sheet) and G703 (Continuation Sheet with Schedule of Values).
What is a schedule of values in the context of payment applications?
A breakdown of total contract value into specific portions of the work.
Why is the continuation sheet (G703) typically reviewed before the cover sheet (G702)?
Because it contains the detailed cost breakdowns that feed into the totals on G702.
What is listed in Column C of G703?
Scheduled Value: the total allocated amount for each portion of work.
What is listed in Column E of G703?
Work completed during the current pay period.
What is retainage, and where is it typically listed?
A withheld percentage to ensure project completion; listed in Column I of G703 and Line 5 of G702.
What does Line 1 of G702 represent?
Original Contract Sum from Article 4 of A101.
What does Line 3 of G702 show?
The current Contract Sum to Date, including net change orders.
What should the architect do if Line 2 (change order value) seems incorrect?
Check it against the architect’s change order log.
What does Line 8 of G702 show?
Current Payment Due: the amount requested in this application.
What does the architect certify when signing a pay app?
That the completed work matches what is represented and generally conforms to the contract documents.
What should be included in the payment app certification if the amount differs from what was requested?
Supporting documentation explaining the change.
Why is retainage important for the owner?
It protects against contractor default and incentivizes project completion.
What document typically outlines how the schedule of values should be created?
Division 01 of the specifications.
What does ‘stored material’ mean in a pay app context?
Materials purchased but not yet installed, often paid in advance with owner approval.
What happens if payment is delayed due to incorrect certification?
Contractor may not pay subs on time, causing project delays.
