AIA Billing
AIA billing definition. Learn how to use G702 and G703 forms for standardized progress billing in commercial construction.
Calculation Formula
Net Payment = (Total Earned to Date - Previous Payments) - Retainage Real Contractor Example
A commercial GC uses the G702 application and G703 continuation sheet to bill for 40% of the site work milestone.
Put This Into Practice
Knowing the definition is step one. RemodelFin tracks this in real time on every job — no spreadsheets.