G702GMP-2021

AIA Documents G702®GMP-2021, Application and Certificate for Payment for Cost of the Work Projects with a Guaranteed Maximum Price; G702®CW-2021, Application and Certificate for Payment for Cost of the Work Projects without a Guaranteed Maximum Price; and G703®CW–2021, Continuation Sheet for Cost of the Work Projects are forms on which a contractor can apply for payment, and an architect can certify payments are due, on a project where the basis of payment to the contractor is the cost of the work plus a fee. G702GMP-2021 should be used on cost of the work projects that have a guaranteed maximum price, while G702CW-2021 should be used on cost of the work projects that do not have a guaranteed maximum price.

G702CW-2021, G702GMP-2021, and G703CW–2021 are not intended to replace AIA Documents G702®-1992, Application and Certificate for Payment and G703®-1992, Continuation Sheet. Rather, they are modified versions of G702-1992 and G703-1992 that are specifically tailored for cost of the work projects. G702CW-2021, G702GMP-2021, and G703CW–2021 should be used on cost of the work projects where the parties intend to show, through the continuation sheet, how actual costs differ from estimated costs and where funds may have been shifted or reallocated between line items in each application for payment. The AIA does not publish a standard schedule of values form, although the G703-1992 and G703CW–2021 continuation sheets are often referred to as a schedule of values.

When to use this document?

• Any size project
• On cost of the work projects that have a guaranteed maximum price
• Contractor applies for progress payment to an owner
• Architect certifies