G702 Pay Application Calculator

Work out a G702-style pay application from your schedule of values: completed to date, retainage, previous certificates and current payment due.

Line item (Schedule of Values)Scheduled value% completeCompleted to date
$
%
$0.00
$

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How the G702 summary lines fit together

  1. Original contract sum.
  2. Net change by change orders.
  3. Contract sum to date (line 1 + line 2).
  4. Total completed and stored to date - carried from the G703 continuation sheet.
  5. Retainage on completed work and on stored material.
  6. Total earned less retainage (line 4 - line 5).
  7. Less previous certificates for payment.
  8. Current payment due (line 6 - line 7).
  9. Balance to finish, including retainage (line 3 - line 6).

The calculator above handles the math behind lines 4 through 8: enter each schedule of values line with its percent complete, your retainage rate and previous payments.

Where pay app math usually goes wrong

  • Previous certificates not matching what was actually approved last period.
  • Change orders added to the G703 but not to line 2 (or vice versa).
  • Retainage calculated on this period’s work instead of total completed to date.
  • Percent complete over 100% on a line after a change order.

Checking the math before you submit avoids the most common reason pay apps get sent back: numbers that don’t tie out.

Frequently asked questions

Is this an official AIA form?

No. DrawTrack is not affiliated with the AIA. It calculates your pay application using the same structure. If your contract requires official AIA documents, use licensed forms and use this tool to check the math.

What is the difference between the G702 and G703?

The G702 is the one-page summary (the application and certificate for payment). The G703 continuation sheet lists every schedule of values line and how much of each is complete. Line 4 of the G702 comes from the G703 totals.

Can it carry previous payments forward?

The calculator is free without an account; enter previous payments manually. DrawTrack Pro saves each draw per project and fills in previous payments on the next one automatically.