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Free G702/G703-style pay application template

A working Excel pay application: the application-for-payment summary and the continuation sheet, with the retainage, stored-materials, and balance-to-finish formulas already wired so the sheet does the math your reviewer will check.

Download the free template (.xlsx)

Free download. No signup, no email required.

What is inside the workbook

Two linked sheets that mirror the standard progress-billing format, with every derived cell computed by formula.

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Application summary sheet

The G702-style face page: contract sum, net change orders, total completed and stored, the two retainage lines, earned less retainage, previous certificates, and current payment due — all formula-driven.

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Continuation sheet

The G703-style schedule-of-values grid: scheduled value, previous applications, this period, materials presently stored, total completed and stored, percent, balance to finish, and retainage per line.

Retainage math built in

Separate rates for completed work and stored materials feed the summary automatically, so a mid-job rate change or a materials-only rate is one cell edit, not a rebuild.

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Stored materials column

Materials presently stored carries its own column and flows into total completed and stored, matching how reviewers expect Column F to behave when material gets installed.

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Change order summary

An additions/deductions block that rolls approved change orders into the contract sum to date, keeping the revised contract honest.

Totals that cross-check

The continuation sheet totals tie to the summary page by formula, so the two sheets cannot quietly disagree — the first thing an owner’s reviewer looks for.

How to use it

Five minutes to set up, then each month is fill-in-the-period.

1. Enter the project header once

Owner, contractor, project, application number, period-to date, and the two retainage rates. The rates drive every downstream retainage cell.

2. Load your schedule of values

One row per SOV line with its scheduled value. The rows should match the SOV attached to your contract exactly — reviewers compare them. New to SOVs? Read the schedule of values guide first.

3. Each period, fill in the work

Enter work completed this period and materials presently stored per line. Previous-application values carry from your last submission.

4. Let the formulas do the summary

Total completed and stored, retainage held, earned less retainage, and current payment due compute on the summary sheet. Check them against your own expectation before submitting.

5. Move stored materials when installed

When stored material gets installed, move its value out of the stored column and into work completed this period, so nothing double-counts in the total.

A note on the real AIA forms: this is a working template modeled on the standard G702®/G703® format, not an official AIA document. Many owners accept a functionally equivalent application; some contracts require executed AIA forms, which are licensed from the American Institute of Architects. Check your contract before substituting.

When the spreadsheet stops scaling

A template like this is exactly right for a handful of jobs. The failure mode is volume: five projects billing monthly means five workbooks whose previous-application columns must be carried forward by hand, retainage balances tracked on the side, and an AR invoice keyed separately into accounting — every one a chance for the pay app, the ledger, and the WIP schedule to disagree.

SitewideOps generates the whole application from the project's schedule of values: G702/G703-style pay applications with retainage on work and stored materials, previous certificates carried automatically, the AR invoice drafted on issue, and billings rolling straight into WIP. The template gets you through this month; the platform makes next month automatic.

Frequently asked questions

Is this the official AIA G702/G703 form?
No. It is a working Excel template modeled on the standard G702/G703 format — the same math and structure, in our own layout. Official AIA documents are licensed from the American Institute of Architects, and some contracts specifically require them, so check your contract language first.
Does the template handle retainage?
Yes, with separate rates for completed work and materials presently stored, matching the two retainage lines on the standard application. Both feed total retainage held, earned less retainage, and current payment due by formula.
How do I handle stored materials in the template?
Enter material delivered but not yet installed in the materials-presently-stored column for its SOV line. When it is installed, move the value into work completed this period so the total completed and stored never counts it twice. Our stored-materials guide covers the documentation owners require.
What is the difference between the G702 and the G703?
The G702 is the application summary — contract sum, total completed and stored, retainage, and current payment due, the page that gets signed and certified. The G703 is the continuation sheet behind it: the schedule of values broken out line by line with each line’s progress. The G703’s totals are what the G702 summarizes.
Is the download really free?
Yes — no signup and no email required. It is built by SitewideOps, whose platform generates the same application automatically from a project’s schedule of values, with retainage and stored materials handled.

Keep exploring

Generate the whole pay application instead

SitewideOps builds G702/G703-style applications straight from your schedule of values — retainage, stored materials, previous certificates, and the AR invoice included.

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