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Project No.: Engineer's Project No.: APPLICATION FOR PAYMENT Change Order Summary 1. ORIGINAL CONTRACT PRICE .......................................................... $ Approved Change Orders Number Additions Deductions 2. Net change by Change Orders.......................................................... $ 3. CURRENT CONTRACT PRICE (Line 1 2) ....................................... $ 4. TOTAL COMPLETED AND STORED TO DATE (Column F on Progress Estimate) .

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Information on a pay application form Original contract amount. Sum of approved change orders. Total value of work completed & materials stored on-site to date. Amount retained. Total amount earned to date. Total amount received to date. Amount currently due. Balance to finish.

A payment application or payment app is a more detailed version of an invoice. It helps ensure that a contractor gets paid by providing detailed information about all aspects of the project.

Payment Application Definition. The Payment Application Screen processes formal written requests for payment by a contractor for work completed on a construction contract. Payment applications are processed by contract line item, each of which is associated to a capital project component.

Some of the additional information that may be required can be: the schedule of values; list of subs (and work performed); a project schedule; and lien waivers (both from you and down the chain). The titles of these supporting documents gives a pretty clear picture of the desired content.

Payment applications are more complex than a simple invoice, requiring multiple pieces of documentation to prove the legitimacy and validity behind the request for payment.

2:59 9:44 How to fill out the G702 Application & Certificate for Payment YouTube Start of suggested clip End of suggested clip But keep in mind that if line two is a negative number adding it to line one should reduce the totalMoreBut keep in mind that if line two is a negative number adding it to line one should reduce the total. Amount. So the result that you get is the total amount that you expect to be paid.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232